Bed Bath & Beyond Terminates Hudson Bay Deal, Turns to Market To Raise $300 Million

Bed Bath & Beyond Terminates Hudson Bay Deal, Turns to Market To Raise $300 Million

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Bed Bath & Beyond Inc. said that it had terminated its fundraising deal with hedge fund Hudson Bay Capital Management LP and instead launched an effort to sell up to $300 million of common stock in the open market. The troubled retailer is looking for cash to keep itself afloat and avoid…

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