BJ's Wholesale (BJ $50.34 +2.26) announced that it has entered into a definitive agreement to be acquired by affiliates of Leonard Green & Partners and funds advised by CVC Capital Partners in an all-cash transaction valued at ~ $2.8 bln or $51.25/share.
BJ's shareholders will receive $51.25/share in cash for each share of BJ's common stock they hold, representing an 7% premium to the closing price of BJ's shares on June 28, 2011.






