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There was talk of a LBO in the works.
What price would a LBO possibly bring us?
Sentiment: Strong Buy
Big Lots Surges on Chatter of Renewed PE Interest
Shares of Big Lots (NYSE: BIG) spiked higher on a report from Deal Reporter of renewed private equity interest.
A spokesperson for Big Lots was not available for comment.
Big Lots closed at $31.22 Thursday, a gain of almost 5% on 3 times average volume.