KKR To Buy Dollar General for $7.3 Billion

Kohlberg Kravis Roberts & Co. has agreed to acquire Dollar General Corp. (NYSE: DG), a Goodlettsville, Tenn.-based dollar store retailer. The total deal is valued at approximately $7.3 billion (including around $380 million in net debt), with Dollar General shareholders to receive $22 per share (31% premium over Friday's closing price). Goldman Sachs and Lehman Brothers have committed to provide leveraged financing, while Lehman and Lazard served as financial advisors to Dollar General. www.kkr.com www.dollargeneral.com