ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message …
Read More »Bed Bath & Beyond plans share sale in bid to avoid bankruptcy
Bloomberg Bed Bath & Beyond Inc. has lined up investors for an eleventh-hour cash infusion that would allow it to stave off a bankruptcy filing. The retailer, which has been preparing for a Chapter 11 filing after lenders declared it in default last month, plans to issue convertible preferred securities and warrants, it said in a statement, in a …
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