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Bankrupt Big Lots will keep hundreds of stores open

Bankrupt Big Lots will keep hundreds of stores open under new sale transaction

Bankrupt discount retail chain Big Lots says it will be able to keep hundreds of its stores open after executing a strategic sale transaction with a Boston asset management firm.

Syracuse.com on MSN · 8h

Bankrupt Big Lots strikes deal to stop some stores from closing

Big Lots has struck a deal to save some stores from closing and keep the brand name alive.

Axios · 23h

Big Lots averts full liquidation, strikes deal to save 200-400 stores

Bankrupt retailer Big Lots said Friday it struck an 11th-hour deal to save hundreds of its stores via a sale to Gordon Brothers and Variety Wholesalers. Why it matters: The Columbus, Ohio-based company had about 27,

iHeart on MSN · 3h

Bankrupt Discount Retailer Reaches Deal To Keep 100s Of Stores Open

Big Lots, the discount retail chain, has struck a deal to keep hundreds of its stores open, preserving thousands of jobs. The company, which filed for bankruptcy in September, announced on Friday (December 27) that it reached an agreement with Gordon Brothers Retail Partners.

9NEWS · 4h

Big Lots strikes deal to save hundreds of stores from closing

This sale agreement and transfer present the strongest opportunity to preserve jobs, maximize value for the estate and ensure continuity of the Big Lots brand,” said Bruce Th

Singapore Oil Mogul Declared Bankrupt

Bloomberg L.P. · 17h

Singapore Oil Mogul Declared Bankrupt After Empire Collapsed

Former tycoon Lim Oon Kuin has been declared bankrupt in Singapore, following the collapse of his oil trading empire.

Mothership.sg · 15h

Former S'pore oil tycoon OK Lim & 2 children declared bankrupt after court order to repay over S$4.5 billion

The bankruptcy order was made against the 82-year-old and his two of his three children — Lim Huey Ching, 57, and Lim Chee Meng, 54 — on Dec. 5. It took effect on Dec. 19. After getting sued by Hin Leong's liquidators, the trio had a judgment of US$3.5 billion (S$4.75 billion) entered against them in September.

The Online Citizen · 13h

Former Hin Leong tycoon Lim Oon Kuin and children declared bankrupt

Former oil tycoon Lim Oon Kuin and his children, Lim Huey Ching and Evan Lim Chee Meng, have been declared bankrupt. A US$3.5 billion (S$4.7 billion) judgment against them was formalised in September.

abp LIVE3h

'We Either Fix This Or Go De Facto Bankrupt': X-Owner Elon Musk On Federal Reserve Nightmare Coming True

Since Trump has been pitched a 'capital markets renaissance fueled' by bitcoin to 'unlock trillions in wealth', Musk warned ...

6don MSN

Here are 12 well-known companies that went bankrupt in 2024

At least 19 companies have cut a combined 14,000 jobs because of bankruptcies, according to Challenger, Gray & Christmas, an ...

17h

Gordon Brothers to buy bankrupt Big Lots for up to $495M

The deal for the bankrupt retailer will facilitate the transfer of stores and the Big Lots brand to Variety Wholesalers.

7hon MSN

Bankrupt Egypt hit hard by Israel-Houthi war, earning from Suez Canal falls by..., president Sisi faces danger like...

As a result of this armed conflict, Egypt has suffered a huge financial loss as its earnings from the Suez Canal have fallen by 60 percent. The loss is gauged at around $ 7 billion to Egypt. Currently ...

scmp.com5h

Former Singapore tycoon Lim Oon Kuin declared bankrupt after oil empire crumbled

The name of the founder of Hin Leong Trading Pte. and his children Lim Huey Ching and Lim Chee Meng were listed as having ...

1don MSN

Elon Musk rings alarm bells, says the U.S. is going bankrupt, and urges immediate action; else, the dollar’s going to be worth nothing

Elon Musk has issued a stark warning about America’s financial future, calling attention to the skyrocketing national debt ...

Peruvian restaurant in Miami Beach goes bankrupt less than a year after opening

Soulfit Box Corp, the operator of 305 Peruvian Modern Cuisine near Miami's Brickell City Centre, filed for Chapter 7 bankruptcy protection Nov. 27. The business, located at 261 S.W. Eighth St., ...

David Feldman Built BKFC From Almost Bankrupt To $400 Million

When David Feldman of Bare Knuckle Fighting Championship held his first bare-knuckle boxing event in 2011, a staggering ...

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