Bed Bath & Beyond reportedly in talks to sell Buy Buy Baby, other assets
Yahoo Finance Live anchors discuss reports that Bed Bath & Beyond is exploring the possibility of a bankruptcy.
Video Transcript
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BRAD SMITH: Bed Bath & Beyond is reportedly in talks with Sycamore Partners to sell its assets. "New York Times'" "DealBook" is reporting this. And this includes its buybuy BABY stores. And the retailer is also in talks with other suitors about possible deals. This news comes as Bed Bath & Beyond navigates a possible bankruptcy process.
buybuy BABY has been one of the brighter spots in the parent company's downfall as it maintained its relevance in a very defined market. A spokesperson for Bed Bath & Beyond reiterated to DealBook that multiple paths are being explored.
