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BJ's Wholesale Files for IPO
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BJ's Wholesale Files for IPO

May 21, 2018
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Use of Proceeds? Pay Back Dividend Recap Incurred Debt

CVC and Leonard Green & Partners have filed for a $100 million IPO of portfolio company, BJ’s Wholesale Club Holdings Inc. With Costco ($COST) killing it of late and the IPO marking champing at the bit for more new issues, this reeks of (sound capitalistic) opportunism. BJ’s has 215 locations nation-…

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