Beyond, Inc. Provides Update to Its Investors Regarding Transaction with The Container Store Group, Inc. [Yahoo! Finance]
Container Store (The) (TCS)
Last container store (the) earnings: 2/4 04:05 pm
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Source: Yahoo! Finance
a comprehensive array of products and services that enable its customers to unlock their home's potential, today provided an update regarding the proposed financing arrangements for its pending transaction with The Container Store Group, Inc. ("The Container Store"). When Beyond entered into the Securities Purchase Agreement dated October 15, 2024 (the "Purchase Agreement"), the parties agreed that The Container Store would secure new financing on terms commercially acceptable to Beyond as a condition to closing. Given the importance of The Container Store establishing a sustainable capital structure, Beyond negotiated for and obtained a right to determine, in its sole discretion, the adequacy of The Container Store's financing arrangements. Based on the financing proposal presented to date, Beyond has concerns regarding The Container Store's ability to reach agreement with lenders on terms that would satisfy the financing requirements under the Purchase Agreement. "When we signed
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News
- Theatro Ranked One of the Fastest-Growing Companies in North America on the 2024 Deloitte Technology Fast 500™PR Web
- The Container Store Announces Global Licensing Partnership With Vacane Household Commodities Co., Ltd.Business Wire
- The Container Store to Open Miami Worldcenter LocationBusiness Wire
- The Container Store Continues to Bolster Everything Organizer™ Collection With the Everything Organizer™ Drop-Front Shoe BoxBusiness Wire
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TCS
Earnings
- 10/29/24 - Miss
TCS
Sec Filings
- 11/21/24 - Form 8-K
- 11/15/24 - Form 8-K
- 10/31/24 - Form SC
- TCS's page on the SEC website