BED BATH& BEYOND INC. (NASDAQ:BBBY) Files An 8-K Regulation FD Disclosure
Item7.01
| Regulation FD Disclosure |
On November23, 2016, Bed Bath Beyond Inc. (the Company) issued a
press release announcing the Acquisition (as defined in
Item8.01). A copy of this press release is attached hereto as
Exhibit 99.1 and is incorporated herein by reference.
Item8.01 Other Events
On November23, 2016, the Company acquired all of the outstanding
equity interests (the Acquisition) of PersonalizationMall.com
(PMall.com). PMall.com is an online retailer of personalized
products based in Burr Ridge, Illinois. As consideration for the
Acquisition, the Company paid an aggregate of approximately $190
million in cash. The Company funded the Acquisition using cash on
hand.
| Item9.01 | Financial Statements and Exhibits |
| (d) | Exhibits: |
| 99.1 |
Press Release issued by Bed Bath Beyond Inc. on November23, 2016. |
About BED BATH & BEYOND INC. (NASDAQ:BBBY)
Bed Bath & Beyond Inc. is a retailer, which operates under the names Bed Bath & Beyond (BBB), Christmas Tree Shops, Christmas Tree Shops andThat! or andThat! (collectively, CTS), Harmon or Harmon Face Values (collectively, Harmon), buybuy BABY (Baby) and World Market, Cost Plus World Market or Cost Plus (collectively, Cost Plus World Market). The Company operates in two segments: North American Retail and Institutional Sales. The Company sells a range of domestics merchandise and home furnishings. Domestics merchandise includes categories, such as bed linens and related items, bath items and kitchen textiles. Home furnishings include categories, such as kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumables and juvenile products. The Company operates approximately 1,530 stores plus its various Websites, other interactive platforms and distribution facilities. BED BATH & BEYOND INC. (NASDAQ:BBBY) Recent Trading Information
BED BATH & BEYOND INC. (NASDAQ:BBBY) closed its last trading session down -0.32 at 45.41 with 2,026,958 shares trading hands.