WESTBOROUGH, Mass. — Shares of BJ's Wholesale here shot up nearly 13% last week as the company said it was considering a possible sale of the company, confirming recent speculation that the club-store operator would put itself on the block. In a prepared statement, the publicly traded company said a committee of independent directors has engaged Morgan Stanley to assist in pursuing strategic alternatives, including a possible sale. BJ's has long been the subject of buyout speculation, ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.