Online furniture retailer Overstock.com Inc. on Wednesday said it had acquired the brand and intellectual property of bankrupt home-goods chain Bed Bath...
Online furniture retailer Overstock.com Inc.
on Wednesday said it had acquired the brand and intellectual property of bankrupt home-goods chain Bed Bath & Beyond. The announcement comes a day after a bankruptcy judge approved Overstock’s $21.5 million bid to buy the assets — which will include Bed Bath & Beyond’s website and domain names, customer database and loyalty program data, along with trademarks and patents. The deal does not include stores or inventory.
on Wednesday said it had acquired the brand and intellectual property of bankrupt home-goods chain Bed Bath & Beyond. The announcement comes a day after a bankruptcy judge approved Overstock’s $21.5 million bid to buy the assets — which will include Bed Bath & Beyond’s website and domain names, customer database and loyalty program data, along with trademarks and patents. The deal does not include stores or inventory.
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US judge approves Overstock's $21.5 mln Bed Bath & Beyond purchaseA U.S. bankruptcy judge on Tuesday approved Overstock.com's $21.5 million purchase of Bed Bath & Beyond's brand name, intellectual property and ecommerce platform.
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Bankruptcy judge approves Overstock's bid to buy Bed Bath & Beyond assetsOverstock.com shares rose Tuesday as a judge approved the company's $21.5 million bid to buy the assets of bankrupt retail chain Bed Bath & Beyond Inc.
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