盗U混币器使用教程|【唯一TG:@heimifeng8】|电报盗号系统全功能破解技术✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨Bed Bath & Beyond's efforts to find buyer stalled: report

Bed Bath & Beyond's efforts to find buyer stalled: reportBy
Reuters Published
January 30,盗U混币器使用教程 2025

Bed Bath & Beyond Inc's efforts to find a buyer ahead of a likely bankruptcy filing have stalled, Bloomberg News reported on Friday, citing people with knowledge of the matter.


Reuters


The troubled home goods retailer is preparing to file for Chapter 11 bankruptcy protection imminently, likely without a bidder in place for its assets including the valuable buybuy Baby chain, the report added.
However, talks are ongoing and a buyer could still emerge, according to the report.

Bed Bath & Beyond said it does not "comment on speculation."

"As we consider all paths and strategic alternatives, we continue to work with our advisors and implement actions to manage our business as efficiently as possible," the company said in an emailed statement.
S&P Global on Friday downgraded Bed Bath & Beyond's credit rating to "D" from "CC", saying it expects the retailer to pursue a debt restructuring.

The Union, New Jersey-based company earlier this month said it was considering a range of options, including declaring bankruptcy, after struggling with plunging sales and widening losses.

The company had enlisted consulting firm AlixPartners LLP, along with restructuring lawyers at Kirkland & Ellis LLP and investment bankers at Lazard Ltd, to help advise on options for addressing its financial woes, Reuters had reported.

Bed Bath & Beyond said on Thursday it received a loan default notice from JPMorgan Chase Bank N.A., adding it did not have sufficient resources to repay the amounts under its credit facilities.

The company will consider all strategic alternatives, including restructuring its debt under the U.S. Bankruptcy Code, it said on Thursday.

The New York Times reported earlier this month that Bed Bath & Beyond was in talks with private equity firm Sycamore Partners for the sale of its assets, while CNBC reported Authentic Brands was also looking at the retailer.

Innovation
Previous:南宁MINI马乐园 纯种矮马萌萌哒
next:带你走近“爱马仕之马”成都主题展览 感受跨时空旅程