8-KMaterial AgreementsOther EventsExhibits & Filings

DOLLAR GENERAL CORP 8-K Report, Material Agreement (Dec 14, 2010)

Filed December 14, 2010For Securities:DG

Summary

This Form 8-K filing from Dollar General Corporation (DG) on December 14, 2010, primarily announces the entry into a material definitive agreement concerning a significant underwritten public offering of common stock. The Company, along with certain selling shareholders including Buck Holdings, L.P., entered into an Underwriting Agreement with a group of underwriters led by Citigroup Global Markets Inc., Goldman, Sachs & Co., KKR Capital Markets LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, and J.P. Morgan Securities LLC. The offering involved 25,000,000 shares of common stock at a price of $30.50 per share, with the underwriters exercising their option to purchase an additional 3,750,000 shares. This transaction was conducted under the Company's effective Registration Statement on Form S-3. The filing also includes customary representations, warranties, and covenants, as well as details on the underwriters' option and related legal opinions.

Key Highlights

  • 1Dollar General Corporation entered into an Underwriting Agreement on December 8, 2010.
  • 2The agreement facilitated a registered underwritten public offering of 25,000,000 shares of common stock.
  • 3The offering was conducted by certain selling shareholders, including Buck Holdings, L.P.
  • 4The public offering price was set at $30.50 per share.
  • 5Underwriters exercised their option to purchase an additional 3,750,000 shares from Buck Holdings, L.P.
  • 6The offering was made pursuant to the Company's existing Registration Statement on Form S-3.
  • 7The filing includes customary representations, warranties, covenants, and legal opinions related to the offering.

Frequently Asked Questions

The primary purpose of this 8-K filing is to report Dollar General Corporation's entry into a material definitive agreement regarding a significant underwritten public offering of its common stock by selling shareholders.

Initially, 25,000,000 shares of common stock were offered at a public offering price of $30.50 per share. Additionally, the underwriters exercised an option to purchase an extra 3,750,000 shares.

The selling shareholders included Buck Holdings, L.P., among others, as specified in the Underwriting Agreement.

Yes, the offering was conducted as a registered underwritten public offering pursuant to the Company's Registration Statement on Form S-3 filed with the Securities and Exchange Commission.