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BJ's Wholesale Rumors No Surprise To Analysts

$ 5.99

4.8 (563) In stock

   When news broke last week that Natick-based BJ's Wholesale Club may be up for sale or could go private, Bill Dreher, an investment analyst with Deutsche Bank in New York, was not surprised. This summer a Los Angeles-based investment firm named Leonard Green & Partners became a 9.5 percent shareholder of BJ's stock and made no secret about its intentions to seek changes for the MetroWest-based members-only club retailer. Changes could include a merger, an acquisition or a going-private transaction.

BJ's Wholesale Rumors No Surprise To Analysts