![]() If the Overstock bid is approved, Bed Bath & Beyond will join a list of collapsed retailers whose brands got a second lease of life - in a very different form. Neil Saunders, a retail analyst and managing director at GlobalData Retail, previously told CNN that the buybuyBaby business "is the one part of the operation that will probably attract interest from buyers." The buybuyBaby chain, which Bed Bath & Beyond owns, is being sold off in a separate sales process and is considered the most attractive part of the retailer's assets. Overstock didn't immediately return CNN's request for comment. Ten Twenty Four, a software company, also bid for the domain and will buy it if Overstock's deal falls through.Ī hearing is set for next Tuesday to finalize the purchase. Overstock's bid was the first and ultimately the most lucrative for Bed Bath & Beyond's assets, setting the minimum price (a.k.a. However, the deal won't keep its stores open, which are currently closing after Bed Bath & Beyond filed for bankruptcy in April. ![]() The retailer's name, intellectual property and digital assets were purchased by for $21.5 million, according to court documents released Thursday. NEW YORK - Bed Bath & Beyond will live on. ![]() The company closed dozens of locations in the last year, a number of them in the tri-state area. ![]()
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