Monday, Sep 26, 2016
One of America's Great Newspapers ~ Toledo, Ohio

Business

2 investors pay $2.8B for BJ’s Wholesale Club

NEW YORK — BJ’s Wholesale Club is being acquired by two private equity investors for roughly $2.8 billion.

The nation’s third-largest wholesale club said Wednesday that Leonard Green & Partners and CVC Capital Partners will pay $51.25 per share in cash for BJ’s common stock.

BJ’s has 190 stores in 15 states. Analysts say the takeover could help propel its growth.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2015 Toledo Blade

To Top

Fetching stories…