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BJ’s Wholesale Sells Itself for $2.8 Billion
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BJ’s Wholesale Sells Itself for $2.8 Billion
On Wednesday, BJ’s Wholesale Club (NYSE: BJ) announced it sold itself for $2.8 billion in cash. Its new owners — Leonard Green & Partners and CVC Capital Partners are expecting to expand its geographical reach.BJ's Wholesale Club has a potential upside of 5.8% based on a current price of $50.33 and an average consensus analyst price target of $53.25Shares of BJ's Wholesale Club are trading up 0.07% at $50.33.
Video Length: 0
Date Found: July 01, 2011
Date Produced: July 01, 2011
View Count: 0
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