Dollar General Corporation Announces Pricing of 25M Share Secondary Offering - Dollar Gen (NYSE:DG)

27% profit every 20 days?

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Dollar General Corporation (NYSE: DG) announced Tuesday the pricing of an underwritten secondary public offering of 25.0 million common shares at a price to the public of $45.25 per share. The shares are being sold by certain existing shareholders. No shares are being sold by the Company in this offering, and it will not receive any proceeds from the offering.In connection with the offering, certain of the selling shareholders have granted to the underwriters an option to purchase up to 3.75 million additional shares. The offering is expected to close on April 2, 2012.

27% profit every 20 days?

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