Dollar General Sets a Date

Dollar General Corp. (NYSE: DG) said that it will hold a special shareholders meeting on June 21, in order to vote on a proposed $22 per share buyout by Kohlberg Kravis Roberts & Co. The total deal is valued at approximately $7.3 billion (including around $380 million in net debt), with Goldman Sachs and Lehman Brothers to provide leveraged financing. Lehman and Lazard are serving as financial advisors to Dollar General.