Big Lots sells business to Nexus Capital as it begins bankruptcy proceedings

📆 09/09/2024 07:28 ص
📰 YahooFinanceCA

⏱ Reading Time:
11 sec. here
7 min. at publisher
📊 Quality Score:
News: 25%
Publisher: 63%

Big Lots أخبار

Bankruptcy Proceedings,Stalking Horse Bidder,Nexus Capital

Big Lots listed its assets and liabilities in the range of $1 billion to $10 billion, according to a filing with bankruptcy court in Delaware, which showed...

- U.S. discount home goods retailer Big Lots said on Monday it has secured $707.5 million to support its operations and sell its business to private equity firm Nexus Capital, as it has initiated bankruptcy proceedings under Chapter 11.

Nexus will serve as a "stalking horse bidder" in a court-supervised auction process, Big Lots said, adding that the deal will close in the fourth quarter of 2024 if Nexus is deemed the winning bidder.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

اكتب تعليق

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Birkenstock, Five Below, Big Lots: 3 Stocks In FocusMorning Brief co-hosts Brad Smith and Alexandra Canal break down three top trending tickers on the Yahoo Finance platform: Birkenstock (BIRK) shares are...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Big Lots, Super Micro Computer, Chewy: 3 Stocks In FocusBig Lots (BIG) stock is surging after the discount retailer postponed its second quarter earnings release date. Super Micro Computer (SMCI) shares dip after ...
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »