KKR to Buy Dollar General for $7.3 Billion

GOODLETTSVILLE, Tenn. -- Dollar General here on Monday said it had entered into an agreement to be acquired by affiliates of buyout firm Kohlberg Kravis & Roberts in a deal worth $7.3 billion, including $380 million in debt.

GOODLETTSVILLE, Tenn. -- Dollar General here on Monday said it had entered into an agreement to be acquired by affiliates of buyout firm Kohlberg Kravis & Roberts in a deal worth $7.3 billion, including $380 million in debt. Dollar General shareholders are to receive $22 in cash for each share -- representing a 31% premium over its closing price Friday. The deal is expected to close in the third quarter. Dollar General has been the source of takeover rumors for some time,

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