Dollar General ceo to resign after merger

GOODLETSVILLE, Tenn. Dollar General has announced that its chairman and ceo, David Perdue is expected to resign from the company following the completion of the merger with Buck Acquisition Corp., an affiliate of Kohlberg Kravis Roberts & Co., which was approved at a special meeting of shareholders held today.

KKR said it expects the company's current president and coo, David Bere, to be named the company's interim ceo while a search for a new ceo is undertaken.

Dollar General said it expects the merger to close on or about July 6, subject to the satisfaction or waiver of closing conditions.