This is a Columbus news story, published by Yahoo Finance, that relates primarily to Nexus Capital Management news.
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Big LotsAssociated Press News
•82% Informative
The Columbus , Ohio -based company plans to sell its assets and ongoing business operations to private equity firm Nexus Capital Management .
Nexus Capital will serve as a “stalking horse” bidder in a court-supervised auction, with the proposed sale subject to higher offers or other bids that could be considered better.
At the end of 2023 , Big Lots operated nearly 1,400 stores in 48 states.
VR Score
84
Informative language
83
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72
Article tone
informal
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English
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51
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Attention-grabbing headline
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short-lived
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2
Source diversity
1
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