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KKR Plans Dollar General IPO: Report

Dollar General, which was bought by private equity firm Kohlberg Kravis Roberts in 2007, is preparing to go back into the hands of the public, reports said.

GOODLETTSVILLE, Tenn. — Dollar General here, which was bought by private equity firm Kohlberg Kravis Roberts in 2007, is preparing to go back into the hands of the public, reports said Wednesday.

The Wall Street Journal reported the chain had engaged various banking and financial firms to plan an initial public offering. The chain has executed a turnaround since 2007, showing strong gains in sales and earnings.

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