The Columbus, Ohio-based company plans to sell its assets and ongoing business operations to private equity firm Nexus Capital Management. Big Lots, which sells furniture, home decor and other items, ...
The discount retailer has secured commitments for $707.5 million of financing as it works through a court-supervised auction ...
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Nexus has agreed to buy all of the Top 100 retailer's assets and ongoing business operations as a stalking horse bidder.
The Los Angeles-based investment firm has an agreement in place to purchase the Top 100 retailer, contingent upon the ...
Big Lots, along with its subsidiaries, has voluntarily initiated Chapter 11 proceedings in the US Bankruptcy Court for the District of Delaware to facilitate the sale process. The ...
Big Lots has filed for Chapter 11 bankruptcy, citing doubts about its operations. Now, Nexus Capital Management will acquire ...
Big Lots is being sold to Nexus Capital Management and filed for Chapter 11 bankruptcy. It plans to close additional stores.
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Big Lots has filed for voluntary Chapter 11 bankruptcy protection and has entered into a sale agreement with Los ...
Discount retailer Big Lots Inc. has filed for bankruptcy protection and plans to sell the firm’s assets and ongoing business ...
(RTTNews) - Discount home goods retailer Big Lots, Inc. announced that it has entered into an agreement to be acquired by an affiliate of Nexus Capital Management LP. To facilitate the deal, the ...