GOODLETTSVILLE, Tenn. — Dollar General Corp. here could become a public company before the end of the year following its filing late last week of an initial public offering that seeks to raise $750 million.
The company has been privately held since 2007, when it was acquired by New York-based Kohlberg Kravis Roberts & Co. Dollar General said it plans to use money from the IPO to pay down debt. Dollar General operates 8,577 stores in 35 states, with sales of an estimated $8 billion for the year that ended June 30.
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