The Bed Bath & Beyond saga has long had the feeling of a gravely ill relative or friend. Despite expectations and preparation, the demise hits hard with deep sorrow. It is still stunning if not shocking. Sunday’s Chapter 11 filing allows Bed Bath &...
Despite intense efforts to avoid the contingency, Bed Bath & Beyond has announced that it filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of New Jersey to implement an orderly...
Bed Bath & Beyond is returning to the equity market in a bid to raise cash while simultaneously warning of weak fourth-quarter results and the possibility of bankruptcy. The company announced it had launched a new, At-The-Market offering program, entering into a...
Tuesday Morning Corp. has filed for Chapter 11 bankruptcy protection for the second time, in this case, the company reported, to pursue a financial and operational reorganization that will enable the company to reduce its outstanding liabilities, obtain significant...
In a new attempt to revive its financial prospects, Bed Bath & Beyond has announced the pricing of an underwritten public offering that includes shares of the company’s Series A convertible preferred stock, warrants to purchase shares of Series A Convertible...