Ollie's Bargain Outlet Acquires 7 Former Big Lots Store Leases in Bankruptcy Auction
Ollie's Bargain Outlet Acquires 7 Former Big Lots Store Leases in Bankruptcy Auction
Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) (the "Company") today announced that it was the winning bidder in a bankruptcy sale process to acquire seven former Big Lots, Inc. ("Big Lots") store leases. The seven stores were part of a bankruptcy auction for the first wave of Big Lots store closures, which included 143 stores. Six of the seven stores have already completed the sale hearing process and received final approval from the United States Bankruptcy Court for the District of Delaware. The remaining one store is subject to final bankruptcy court approval and customary closing conditions.
Ollie's Bargain Outlet Holdings, Inc.（纳斯达克股票代码：OLLI）（“公司”）今天宣布，在破产出售过程中，它是收购七家前Big Lots, Inc.（“Big Lots”）门店租约的中标者。这七家门店是第一波Big Lots门店关闭的破产拍卖的一部分，其中包括143家门店。七家门店中有六家已经完成了销售听证程序，并获得了美国特拉华特区破产法院的最终批准。剩余的一家门店须经破产法院的最终批准和惯例关闭条件。
