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Stock impact report

Beyond, Inc. Closes on the Purchase of Buy Buy Baby [Yahoo! Finance]

Beyond, Inc. (BYON) 
Company Research Source: Yahoo! Finance
today it has completed the previously announced transaction pursuant to the Company's Asset Purchase Agreement with BBBY Acquisition Co. LLC (“BBBY”) to acquire the global rights of the Buy Buy Baby brand. The purchase price of $5 million includes certain assets, databases, domains, intellectual property, vendor relationships and content related to Buy Buy Baby. Marcus Lemonis, Executive Chairman of Beyond, commented, “As part of our strategy to expand our market reach, I am excited to announce we completed the acquisition of the Buy Buy Baby brand ahead of schedule. We believe bringing these two iconic brands, Bed Bath & Beyond and Buy Buy Baby, back together significantly strengthens our customer proposition in key life stage s Read more
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