Bid for Baby is being strongly considered. Buyer to be announced by end of this week.
11 replies (most recent on top)
News flash. Hilco and sixth street own everything. There is no buyer for baby
You do realize even if that was the case it doesn't mean they will continue on as a B & M retail chain . At some point someone will buy the IP rights /name just as they did with Toy R Us and Babies R US , Linens N Things , etc .. that always happens , it doesn't mean they will do anything meaningful with it though .
@nct you are funny. BBB didn't have the tech to do online business before they were floundering, how would they do that now? Your memer is showing.
I would sell it to make up for your stock losses, Memer. They get expensive after awhile.
Why do people forget they put baby up for collateral in 2022 lol
Sixth Street has first claim on Baby. It's no longer BBBY's to sell.
Rumor is Toys R Us is going to buy it!
Only news out there is the delisting notice lol. Memers just accept BBB's fate and take your gigantic losses.
Notice given for delisting on NASDAQ
Regardless if this is generally true. The part about a “buyer” being announced end of week is not. All bids are due 5/28 and auction is held 6/2 if there is more than one.
Follow-up: Bed Bath not likely to survive, even with bid. May consider online only presence.