Bed Bath & Beyond staves off bankruptcy with $225 mln from stock sale

Bed Bath & Beyond staves off bankruptcy with $225 mln from stock sale

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Bed Bath & Beyond Inc (BBBY.O) said on Tuesday it raised about $225 million in an equity offering and may get another $800 million over the next 10 months, as the struggling retailer tries to avoid bankruptcy. Hudson Bay Capital Management is the lead investor in the share sale, two people…

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