Overstock bids for Bed Bath & Beyond assets

 

Overstock.com put in a stalking horse bid to acquire some of Bed Bath & Beyond's assets.  Bed Bath & Beyond is liquidating itself after filing for bankruptcy. Overstock seeks to buy Bed Bath & Beyond's trademarks, internet properties, mobile platforms, intellectual property, and business data. The online retailer put in a bid of $21.5M to acquire the assets.  Any competing bids will need to be submitted by midday on Friday. Overstock has not offered to buy any of Bed Bath & Beyond's stores.