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Big Lots Enters Sale Agreement With Nexus Capital, Initiates Voluntary Chapter 11 Process

Author: Benzinga Newsdesk | September 09, 2024 02:31am
  • Implements Plan to Accelerate Business Optimization and Achieve Profitability in 2025
  • Initiates Voluntary Chapter 11 Process to Facilitate Restructuring Initiatives and Ownership Transition
  • Company Secures Interim Financing to Support Operations
  • Customers Will Continue to Find Unmistakable Value and Extreme Bargains In-Store and Online
  • Q2 Results In Line With Guidance

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