COLUMBUS, Ohio — Big Lots, Inc. announced today that it has received court approval to sell most of its assets and operations to an affiliate of Nexus Capital Management LP. The sale, which is ...
In September 2024, Big Lots signed an agreement with a Nexus Capital affiliate for the sale. The company and its subsidiaries ...
Objections to the proposed sale are due by Nov. 6 ... delisted from the New York Stock Exchange. Spending on furniture, which was Big Lots' single biggest business segment, dried up after a ...
Big Lots announced in September that the company filed for Chapter 11 bankruptcy protection and planned on closing more than ...
The closures are occurring due to affiliate Nexus Capital Management LP acquiring Big Lots as part of a sale agreement, the retailer said in a news release. "Though most of our stores are ...
According to A&G, Dec. 2 also is the closing date for the stores in the next auction. The round includes nine Ohio locations, two of which are in Greater Cincinnati – the Blue Ash store at 4154 Hunt ...