Dollar General Corp

Among the stocks expected to see active trading on Friday are Ann Taylor Stores Corp., Contango Oil & Gas Ltd., Met-Pro Corp. and J.M. Smucker Co. Ann Taylor Stores Corp. (ANN) is projected to post a second-quarter loss of 5 cents a share after accounting for FASB 123 changes, according to analysts surveyed by FactSet. Contango Oil & Gas Co. (MCF) is forecast to post fiscal fourth-quarter earnings of 65 cents a share, according to analysts surveyed by Thomson Reuters. J.M. Smucker Co. (SJM) is expec  

Discount retailer Dollar General Corp, backed by powerful private equity firm Kohlberg Kravis Roberts & Co, filed for an initial public offering of up to $750 million on Thursday, according to a regulatory filing. It could be one of the largest IPOs of the year and among the biggest exits through a public stock offering by a private equity firm since the credit crunch sapped investor appetite for new offerings. The IPO market has been improving since the spring, as stock markets have rallied.

It's a strong cash generator that can perhaps justify such a debt burden   -Matt Therian

 

If you are C.P. Farley, you quit the Putnam County Planning Commission. That's what Farley did last week after Putnam County commissioners threw out the Planning Commission's unanimous decision to deny Frank Linville's request to rezone 39 acres of land along U.S. 35 for high-density commercial development instead of industrial office park use. Linville Enterprises Golf plans to build a bowling alley, convenience store and McDonald's and to sell lots to finance the $1 million project.  

A lot of information emerged on Microsoft's brick-and-mortar stores in the past month. Gizmodo had a huge gallery of images previewing Microsoft's stores. The sites of the first two stores were revealed.  

Discount-store chain Dollar General Corp. plans to go public in an initial public offering, according to documents filed with federal regulators Thursday. The filing with the U.S. Securities and Exchange Commission specifies no time frame or expected offering price. The documents show a proposed total offering price of $750 million.  

Discount retailer Dollar General late this afternoon filed for its IPO , with a $750 million target and nine listed underwriters (including KKR — so much for worries that it was trying to dis-intermediate Wall Street). We've been expecting this filing for a while, but that doesn't diminish its importance. Dollar General is a charter member of the buyout boom, getting taken private just 25 months ago by KKR for $7.2 billion.  

A reward of $1,000 has been offered for information leading to the arrest of the man responsible for committing two commercial robberies at gunpoint and forcing the female victims to undress before fleeing, Bryant police said. "The reward is from an anonymous person," Capt. Phillip Newcomb said. "If anyone has information that can help us find this person or persons, the need to call the Bryant Criminal Investigations Division at 847-0211."  

Dollar General Corp. files for an initial public offering two years after the discount retail chain was taken off the public market in a private-equity deal led by Kohlberg Kravis Roberts & Co.  

We have already noted on numerous occasions how the floodgates for re-sales or re-IPO's of old private equity acquisitions have to come back on the market at some point. And now we have the first of many large private equity deals coming. Dollar General Corporation has filed to come public via an initial public offering for up to $750 million worth of common stock.  

Dollar General has filed a registration statement with the SEC for an initial public offering of its common stock. The proposed maximum aggregate offering price is $750 million. The company has not yet indicated which exchange it will trade on, or the ticker it will trade under.