Skip to main content

BJ's shareholders OK acquisition

9/9/2011

Westborough, Mass. -- BJ’s Wholesale Club said Friday that its shareholders have OK'd the acquisition bid that will take the company private.



Private equity firms Leonard Green & Partners and CVC Capital Partners agreed to acquire the warehouse club operator in a deal valued at $2.8 billion.



According to BJ’s, 72% of its shareholders approved the bid. The deal is slated to close on or about Sept. 30.

X
This ad will auto-close in 10 seconds