Bed Bath & Beyond says it will likely file for bankruptcy if it can't sell $300 million in stock
Briefly

Bed Bath & Beyond will sell up to $300 million of its stock to repay creditors and fund its business as it struggles to avoid bankruptcy.If it's not able to raise sufficient money from the offering, the home furnishings giant said Thursday it expects to likely file for bankruptcy.Bed Bath & Beyond was able to initially avoid bankruptcy in February by completing a complex stock offering that gave it both an immediate injection of cash and a pledge for more funding in the future to pay down its debt.
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