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Bed Bath & Beyond (BBBY) Files For Bankruptcy

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lookingforatenbagger
Eternal

Posts: 3,515

OPKO Investment: Long
Sentiment: Neutral
Recommendation: Buy

Bed Bath & Beyond (BBBY) Files For Bankruptcy Apr 25, 2023 14:15:05 GMT

Quote

Post by lookingforatenbagger on Apr 25, 2023 14:15:05 GMT

Forbes, breaking Apr 23, 2023, 10:15am
"Bed Bath & Beyond Files For Bankruptcy And Plans To Close Its Retail Stores"

"In a message sent to customers, Bed Bath & Beyond said it will stop accepting coupons on Wednesday [4/26/23], and it will process returns until May 24 and accept gift cards until May 8."

www.forbes.com/sites/marisadellatto/2023/04/23/bed-bath--beyond-files-for-bankruptcy-and-plans-to-close-its-retail-stores/?sh=2f7f8f1c342d

Worst kept secret ever.

Brandolini's Law: The amount of energy needed to refute bullshit is an order of magnitude bigger than that needed to produce it.

icemandios
OpkoDD Moderator

[TI0]

Posts: 16,794

Bed Bath & Beyond (BBBY) Files For Bankruptcy Apr 25, 2023 14:31:42 GMT

Quote

Post by icemandios on Apr 25, 2023 14:31:42 GMT

Jan 22, 2016 18:48:03 GMT lookingforatenbagger said:

"Bed Bath & Beyond Files For Bankruptcy And Plans To Close Its Retail Stores"

1. It's chapter 11, reorganization,
2. Article says they received 240M to keep the stores open,
3. "retail giant could be “unable to avoid bankruptcy” if a proposal to implement a reverse split stock was not approved."
4. Bed Bath & Beyond to hold special vote on reverse split proposal. Bed Bath & Beyond (NASDAQ:BBBY) plans to hold a virtual special shareholder meeting on May 9, 2023 to seek approval on its reverse stock split proposal.
5. It ain't over till it's over.

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Bed Bath & Beyond (BBBY) Files For Bankruptcy

Post by lookingforatenbagger on Apr 25, 2023 14:15:05 GMT

Post by icemandios on Apr 25, 2023 14:31:42 GMT

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