secwatch.observer — SEC 8-K summary
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Issuer:     BED BATH & BEYOND, INC. (BBBY)
CIK:        0001130713
Form:       8-K
Filed at:   2024-09-17T23:59:59+00:00
Accession:  0001130713-24-000060
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beyond, Inc. enters agreement to sell corporate headquarters for $55M to Salt Lake County
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- Sale of 18.6-acre corporate HQ in Midvale, UT for $55M; $1M earnest money due within 5 business days.
- Existing $34.5M loan on HQ to be defeased near closing on or before November 30, 2024.
- Parties to negotiate a data center lease for ~5,000 sq ft with initial term up to 5 years.
- Buyer has sole discretion to terminate agreement within 60-day inspection period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1130713/000113071324000060/0001130713-24-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1130713/000113071324000060/ostk-20240916.htm
  HTML page:      https://secwatch.observer/filing/0001130713-24-000060

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer