Dollar General (DG) Prices Upsized 36M Offering at $51.75/Share

September 28, 2012 7:06 AM EDT
Dollar General (NYSE: DG) announced the pricing of an underwritten secondary public offering of 36.0 million common shares at a price to the public of $51.75 per share. The shares are being sold by certain existing shareholders. No shares are being sold by the Company in this offering, and it will not receive any proceeds from the offering.

The amount is up from an original expected offering of 30 million shares.

In connection with the offering, certain of the selling shareholders have granted to the underwriters an option to purchase up to 5.4 million additional shares. The offering is expected to close on October 3, 2012.

Citigroup, Goldman, Sachs & Co. and KKR are serving as joint book running managers for the offering.


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