Dollar Shave Club, Toms investor to buy Big Lots for $765 million ...Middle East

COLUMBUS, Ohio (WCMH) -- Big Lots will be sold for $765 million to a top investor of Dollar Shave Club and Toms after the central Ohio retail chain filed for bankruptcy earlier this summer. On Wednesday, Santa Monica-based investment firm Nexus Capital Management secured victory in Delaware Bankruptcy Court in a bid to buy Big Lots for $765 million. The investment firm, whose portfolio includes Dollar Shave Club, Toms and Natural Balance Pet Food, will officially take over after the sale is finalized in early December. "This marks an important step that positions us to move forward on stronger financial footing with a new owner," said Bruce Thorn, Big Lots CEO, in a statement. "Nex

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Dollar Shave Club, Toms investor to buy Big Lots for $765 million ...Middle East

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