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Private equity firm Nexus Capital Management is working with Big Lots Inc.’s lenders to get roughly $750 million in financing as part of a previously announced deal to acquire the retailer out ...
COLUMBUS, Ohio, Oct. 22, 2024 /PRNewswire/ -- Big Lots ... items from Big Lots. This year, the company donated eight truckloads filled with a variety of products, including furniture, bedding ...
Boston — Boston-based Gordon Brothers has provided a $150 million debtor-in-possession (DIP) loan to Big Lots Inc. The financing will support the - Company news, Finance, Massachusetts, News, Ohio ...
That lender group has committed $250 million in debtor-in-possession financing which will support ... best year in 2021 ...
The Ohio-based discount retailer is closing 328 furniture, appliance and mattress stores ... The stores are expected to close ...
A federal judge approved Nexus Capital Management as the lead bidder to acquire Big Lots Inc. after the private equity firm obtained $765 million in committed financing to support its proposed ...
Big Lots filed for bankruptcy ... The 57-year-old company has secured $707.5 million in fresh financing to keep operating and to pay employees and vendors. Nexus was named the “stalking horse ...
The decision is part of the company’s ongoing restructuring process aimed at enhancing customer experience and refining its ...
A furniture and appliance retailer is closing a handful of local stores, and several more around the state. A furniture and ...
Big Lots has been a popular choice for discounted furniture, decor, gadgets, and other retail products. However, the chain suffered a sales drop of 10.2% between the first quarters of 2023 and ...
(Bloomberg) -- Private equity firm Nexus Capital Management is working with Big Lots Inc.’s lenders to get roughly $750 million in financing as part of a previously announced deal to acquire the ...