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Big Lots’ Sale to Nexus Capital Crumbles: What Went Wrong?

Big Lots’ Sale to Nexus Capital Crumbles: What Went Wrong?
5 months ago

In a surprising turn of events, Big Lots, the popular discount retail chain, has announced that its plans to sell the business to Nexus Capital Management have fallen through. This decision, which comes after extensive negotiations, has raised eyebrows in the retail sector and among investors closely monitoring the company’s financial health.

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