Dollar General (DG) -1.8% premarket after announcing a secondary offering of 25M common shares...

|About: Dollar General Corporation (DG)|By:, SA News Editor

Dollar General (DG) -1.8% premarket after announcing a secondary offering of 25M common shares priced at $39. DG closed Tuesday at $39.63. Its controlling shareholder, Buck Holdings, will sell 24.2M of the shares, reducing its stake to 54.9% from 62.5%; DG isn't selling shares in the offering and gets no proceeds.