Investment titans Kohlberg Kravis Roberts and Goldman Sachs have sold the last of their Dollar General shares for more than $60 apiece, writes the Journal's Matt Jarzemsky, capping a textbook six-and-a-half-year investment that included a 2009 IPO at $21. This year alone, Dollar General shares (Ticker: DG) are up almost 40 percent.
A stock trading plan set up last year by Genesco Chairman, President and CEO Bob Dennis last week unloaded $550,000 worth of his stock, trimming his holdings in the company by about 3 percent. The sale came shortly after Genesco reported so-so third-quarter numbers. The company's stock (Ticker: GCO) has run up about 14 percent in the past three months and has climbed almost 30 percent year to date.
Construction workers and Nashville State Community College leaders are putting the finishing touches on a new culinary arts center at the Southeast Campus of Nashville State Community College. The 5,000-square-foot expansion was driven by local restaurateur Randy Rayburn and the Piedmont Natural Gas Foundation and will open next month, doubling the capacity of the program. Chris Chamberlain has more at Bites.
Chef Erik Anderson is leaving Midtown stalwart The Catbird Seat and moving to Minnesota to accompany fiancée Jamie Malone, a chef at Minneapolis' Sea Change. Anderson, who tells Nashville Scene he is exploring opening a restaurant in the Twin Cities, will craft his last meal at The Catbird Seat on New Year's Eve. Read more here.