Thursday, June 21, 2007

Dollar General says shareholders approve KKR deal

(Reuters) - NEW YORK, June 21 - Dollar General Corp. said on Thursday that its shareholders had approved the discount retailer's sale to private equity group Kohlberg Kravis Roberts & Co. [KKR.UL]



Chairman and Chief Executive David Perdue expects to resign upon completion of the deal, the company said, and KKR expects to name current President and Chief Operating Officer David Bere as interim CEO while it looks for a replacement.


Read more at Reuters.com Mergers News

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