YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Bed Bath & Beyond seeks to sell $300M in stock to avoid bankruptcy

Posted online

Bed Bath & Beyond is again warning of a potential bankruptcy filing.

The company is seeking to sell $300 million worth of its stock to help repay creditors and fund its business, CNN Business reports.

In February, the company avoided bankruptcy through a stock offering backed by private equity group Hudson Bay Capital.

Read more from CNN Business.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
MSU president reflects on 13 years in office

Missouri State University President Clif Smart is experiencing a lot of lasts as he prepares for his June 30 retirement.

Most Read
Update cookies preferences