Private equity firm Nexus Capital Management is working with Big Lots Inc.’s lenders to get roughly $750 million in financing ...

A federal judge approved Nexus Capital Management as the lead bidder to acquire Big Lots Inc. after the private equity firm ...

Big Lots will be sold for $765 million to a top investor of Dollar Shave Club and Toms after the central Ohio retail chain ...

“This marks an important step that positions us to move forward on stronger financial footing with a new owner,” Big Lots CEO Bruce Thorn said in a statement. “Nexus has an established track record of ...

Big Lots Inc. delayed a key court hearing on whether private equity firm Nexus Capital Management should be named the lead ...

The Columbus-based discount retailer filed for Chapter 11 bankruptcy in September. Nexus Capital Management plans to buy the ...

The Top 100 retailer expects its stalking horse will obtain the financing ahead of bankruptcy case's Oct. 25 bid deadline.

Big Lots initiated voluntary Chapter 11 proceedings on Sept. 9 to facilitate a sale of most of its assets. As part of its ...

Ollie's Bargain Outlet Holdings has purchased the leases for eight more former Big Lots locations for an undisclosed amount through a bankruptcy sale process. The discount closeout retailer said ...

Big Lots previously announced it would close more than 300 stores ... an announcement that the company has entered into a ...

Big Lots Inc. delayed a key court hearing on whether private equity firm Nexus Capital Management should be named the lead bidder at a potential bankruptcy auction after saying earlier this week ...