Bed Bath & Beyond is renewing talks over a bankruptcy filing as its list-ditch efforts to raise funds have failed, Bloomberg’s Rachel Butt, Eliza Ronalds-Hannon and Lauren Coleman-Lochner report. The company is having discussions with advisers and lenders ahead of a Chapter 11 filing that could arrive in the next few weeks, the authors say, citing people with knowledge of the conversations. Reference Link
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on BBBY:
- BBBY: Bankruptcy More Likely Despite the Surprising Rally
- Unusually active option classes on open April 19th
- BBBY Continues Wild Ride
- BBBY Up after Capital Raise in Equity Offering
- Glass Lewis urges Bed Bath & Beyond holders to vote ‘FOR’ all company proposals
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue