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Bankrupt Big Lots Strikes Sales Deal, Preserves Brand Name
Bankrupt Big Lots Strikes Sales Deal, Preserves Brand Name Authored by Naveen Athrappully via The Epoch Times, Big Lots finalized a deal that preserved the brand name and prevented the discount retail chain from entirely going under. Ohio-based Big Lots announced it filed for Chapter 11 bankruptcy earlier this year, citing economic pressures. The company tried to sell its business to Nexus Capital Management but failed to strike a deal. On Dec. 27, Big Lots announced a sales tra
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