(RTTNews) - In an amended filing made to the regulatory, Dollar General Corp., the discount retailer owned by private-equity firm Kohlberg Kravis Roberts & Co. LP, disclosed that it expects to price initial public offering of 34.10 million shares of its common stock in the range of $21 to $23 per share. The company's common stock has been approved for listing on the New York Stock Exchange under the symbol "DG".

In this offering, Dollar General is offering 22.70 million common shares and the selling shareholders are offering 11.40 million shares. The selling shareholders have granted the underwriters a 30-day option to purchase up to 5.12 million additional shares.

Dollar General, which in August filed for its intention to go public, has 8,577 stores located in 35 states as of July 31, 2009, primarily in the southern, southwestern, midwestern and eastern United States.

Dollar General's common stock was publicly traded from 1968 until July 2007, when it merged with an entity controlled by investment funds affiliated with Kohlberg Kravis Roberts & Co., L.P., or KKR. Dollar General is now a subsidiary of Buck Holdings, L.P., a Delaware limited partnership controlled by KKR.

The company said it plans to use offering net proceeds, after deducting underwriting discounts and estimated offering expenses, to be nearly $467.8 million, assuming the shares are offered at $22 per share, for redemption of notes.

For the 26 weeks ended July 31, 2009, the company reported Net sales of $5.68 billion and net income of $176.6 million.

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