#bankruptcy

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    BIG LOTS FILES FOR CHAPTER 11 BANKRUPTCY AMID ECONOMIC STRUGGLES; AGREES TO SELL ASSETS TO NEXUS CAPITAL

    Big Lots, Inc. officially announced its voluntary Chapter 11 bankruptcy filing, confirming that it will sell all assets and business operations to an affiliate of Nexus Capital Management, a private equity firm. The discount retailer, headquartered in Columbus, Ohio, cited challenging economic...
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