NATICK, Mass. — Stock in BJ's Wholesale Club soared last week amid speculation that the warehouse club operator would put itself up for sale.
The No. 3 membership-club operator had hired Morgan Stanley to conduct a sale, according to a report by Bloomberg News, which cited three unnamed sources. BJ's has been the subject of investor speculation for some time, but interest was renewed in late June after Los Angeles-based private investor Leonard Green & Partners disclosed a