Why Bed Bath & Beyond Stock Is Rising Today

fidelity
2025.11.25 16:57
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Bed Bath & Beyond (BBBY) shares rose after announcing plans to acquire The Brand House Collective (TBHC) in an all-stock deal valued at $26.8 million. The acquisition aims to enhance BBBY's home-focused ecosystem and improve profitability by eliminating $20 million in duplicate costs. The merger, expected to close in early 2026, requires TBHC shareholder approval and lender consent. BBBY shares increased by 2.66% to $5.78, while TBHC shares fell by 9.02%.

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