Bed bath & beyond inc. files voluntary chapter 11 petitions

Bed bath & beyond and buybuy baby stores and websites are open and serving customers as wind down commences $240 million debtor-in-possession financing secured to support ongoing operations and chapter 11 process union, n.j. , april 23, 2023 /prnewswire/ -- bed bath & beyond inc. (nasdaq: bbby) today announced that it and certain of its subsidiaries (collectively, "the company") filed voluntary petitions for relief under chapter 11 of the u.s. bankruptcy code ("chapter 11") in the united states bankruptcy court for the district of new jersey (the "court") to implement an orderly wind down of its businesses while conducting a limited marketing process to solicit interest in one or more sales of some or all of its assets.
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