Nexus Capital to acquire Big Lots.

Nexus Capital, an investment management services company, agreed to acquire Big Lots, an American discount retail chain. Financial terms were not disclosed. "We are excited to have the opportunity to partner with Big Lots and help return this iconic brand to its status as America's leading extreme value retailer. The Big Lots business has incredible potential and we are confident that its greatest days are ahead," Evan Glucoft, Nexus Managing Director.