Reports Private Equity Firms Pursuing Dollar General
On CNBC, MergerMarket analyst Josh Kosman said private equity firms Bain Capital and Cerberus Capital are aggressively pursuing Dollar General Corp. (NYSE: DG). Kosman said it is not clear if Dollar General is talking with the interested parties.
Rumors of a Dollar General buyout surfaced last week.
Dollar General is a Fortune 500 discount retailer with more than 8,000 neighborhood stores. Dollar General stores offer convenience and value to customers by offering consumable basic items that are frequently used and replenished, such as food, snacks, health and beauty aids and cleaning supplies, as well as a selection of basic apparel, housewares and seasonal items.