Overstock Acquires Bed Bath & Beyond Brand And Other Intellectual Property; No Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Overstock.com Inc. has acquired the Bed Bath & Beyond brand and other intellectual property. The financial terms of the deal were not disclosed.
June 28, 2023 | 8:02 pm
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POSITIVE IMPACT
Overstock.com's acquisition of Bed Bath & Beyond's brand and other intellectual property could potentially strengthen its market position.
The acquisition of Bed Bath & Beyond's brand and other intellectual property by Overstock.com could potentially enhance its product offerings and strengthen its market position. This could lead to increased revenues and profitability, which could positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100