Bed, Bath & Beyond Inc.

NASDAQ:BBBY   2:48:08 PM EDT
24.53
-0.83 (-3.27%)
Products, Divestitures / Spin-offs, Restructuring / Reorganization

Bed Bath & Beyond To Sell Non-Core Assets

Published: 10/13/2020 21:49 GMT
Bed Bath & Beyond Inc (BBBY) - Press Release - Bed Bath & Beyond Announces Significant Milestone in Plan to Sell Non-core Assets.
Bed Bath & Beyond Inc - Transactions Expected to Unlock Approximately $250 Million.
Bed Bath & Beyond Inc - Streamlines Portfolio and Assets With Agreements to Sell Christmas Tree Shops, Linen Holdings and Florence Distribution Center.
Bed Bath & Beyond Inc - to Sell Its Linen Holdings Business to Linen Group, Llc, an Affiliate of Lion Equity Partners.
Bed Bath & Beyond Inc - Florence Distribution Center Sale is Expected to Close in October 2020.
Bed Bath & Beyond Inc - Entered Into a Definitive Agreement to Sell Christmas Tree Shops to Handil Holdings, Llc.
Bed Bath & Beyond Inc - Handil Holdings, Llc Expects to Continue Operating Christmas Tree Shops As a Stand-alone Retail Brand.
Bed Bath & Beyond Inc - Linen Holdings Will Be Merged With Riegel Linen, an Existing Lion Equity Portfolio Company.