Bankrupt Bed Bath & Beyond Inc. has canceled a going-concern auction for its Buybuy Baby stores but says that a deal for Buybuy Baby’s intellectual property will be put forward for court approval Tuesday.
Bed Bath & Beyond BBBYQ recently announced that Dream on Me Industries Inc. has been selected as the winning bidder for Buybuy Baby’s intellectual-property assets, with a bid of approximately $15.5 million.
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