The Deal
Tuesday, November 24, 
6:32 pm

KKR reveals Dollar General terms

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Buck Acquisition Corp., which is controlled by Kohlberg Kravis Roberts & Co., unveiled the financing plan for its takeover of Dollar General Corp. Once the deal closes, Dollar General will have about $5.4 billion of outstanding debt and retain about $180 million cash on its balance sheet. KKR is investing about $2.8 billion equity in its acquisition of the Goodlettsville, Tenn.-based discount retailer. In March, KKR announced its takeover of Dollar General, the pioneer behind the dollar store concept. The deal is expected to close in the third quarter.—Luisa Beltran

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