Beyond sells Wamsutta brand for $10.25M cash, recovering 48% of BB&B IP cost

BED BATH & BEYOND, INC.

Sold Wamsutta brand and related IP to Indo Count Global Inc. for $10.25M cash plus assumed liabilities; deal closed April 18.
Wamsutta IP was acquired June 2023 as part of $21.5M Bed Bath & Beyond brand purchase; sale recovers ~48% of that cost.
Proceeds provide $10.25M cash to Beyond, Inc.

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