Leonard Green Completes BJ's Buy

WESTBOROUGH, Mass. — A private-equity group has completed its previously announced acquisition of BJ's Wholesale Club here, the retailer said Friday.

Beacon Holding, an affiliate of Leonard Green & Partners, and funds advised by CVC Capital Partners, paid $51.25 per share in cash, or about $2.8 billion, for the membership-club operator.

The transaction, formally announced

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