BJ's May Go Private
BJ's Wholesale Club is reportedly in talks with a private equity firm to go private. According to the Boston Business Journal, which cited an SEC filing, the company is negotiating a possible purchase with private-equity firm Leonard Green & Partners LP.
BJ's and Leonard Green have reached a confidentiality agreement in relation to a potential sale, the filing said.
The company had said last month that it was "evaluating strategic alternatives."