---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-029505"
form_type: "8-K"
ticker: "BBBY"
cik: "0001130713"
company_name: "BED BATH & BEYOND, INC."
filed_at: "2023-06-13T23:59:59+00:00"
generated_at: "2026-06-14T01:49:55.889498+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Overstock enters $21.5M stalking-horse bid for Bed Bath & Beyond IP, data, mobile apps

## Summary
- Purchase price $21.5M cash; 10% ($2.15M) deposited in escrow.
- Acquires IP, business data, mobile apps, and contracts of Bed Bath & Beyond's core home furnishings brand.
- Stalking horse bid in Chapter 11 auction; subject to higher offers and Bankruptcy Court approval.
- Closing target July 3, 2023; breakup fee protections if Sellers accept a competing bid.
- Representations and warranties survive only until Closing; no post-closing indemnity.

## SEC filing metadata
- accession: 0001140361-23-029505
- form_type: 8-K
- ticker: BBBY
- cik: 0001130713
- company_name: BED BATH & BEYOND, INC.
- filed_at: 2023-06-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1130713/000114036123029505/0001140361-23-029505-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1130713/000114036123029505/brhc20054372_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-029505
- JSON: https://secwatch.observer/filing/0001140361-23-029505.json
- Plain text: https://secwatch.observer/filing/0001140361-23-029505.txt

## Key facts
- Material Agreements
  BED BATH & BEYOND, INC. entered into Asset Purchase Agreement with Overstock.com, Inc. valued at $21,500,000 (effective 2023-06-12).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Overstock.com, Inc.
  - Value: $21,500,000
  - Effective: 2023-06-12
  source text: On June 12, 2023, Overstock.com, Inc., a Delaware corporation (the “ Company ”), entered into an Asset Purchase Agreement (the “ Agreement ”) with Bed Bath & Beyond Inc., a New York corporation (“ BBBY ”), and certain subsidiaries of BBBY (collectively, the “ Sellers ”), under which, subject to the terms and conditions set forth in the Agreement, the Company agreed to acquire certain assets of the Sellers, including intellectual property, business data, rights to mobile applications, and certain contracts and other related assets (collectively, the “ Assets ”), and assume certain specified liabilities of the Sellers (collectively, the “ Liabilities ” and such acquisition of the Assets and assumption of the Liabilities, the “ Transaction ”) for a total purchase price of $21,500,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1130713/000114036123029505/0001140361-23-029505-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.