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Stock impact report

Buyer could acquire Big Lots in $760M deal; set to close 4 area stores [Yahoo! Finance]

Big Lots, Inc. (BIG) 
Last big lots, inc. earnings: 2/27 04:05 pm Check Earnings Report
US:NYSE Investor Relations: biglots.com/corporate/investors
Company Research Source: Yahoo! Finance
The owner of Toms shoes and Dollar Shave Club intends to buy Big Lots, which is set to close four Central Florida stores. ? WATCH CHANNEL 9 EYEWITNESS NEWS The Columbus, Ohio-based retailer announced Sept. 9 it will file for Chapter 11 bankruptcy protection and it has an agreement in place to be acquired by an affiliate of Nexus Capital Management LP for $760 million, which consists of $2.5 million in cash plus the payoff of debts and the assumption of liabilities. That Santa Monica, California-based investment firm has a broad portfolio including consumer, industrial and educational industries. Read: Orange County Corrections officer recognized for stopping attempted kidnapping Click here to read the full story on the Orlando Business Journal's website. Click here to download our free news, weather and smart TV apps. And click here to stream Channel 9 Eyewitness News live. Show less Read more
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