: Bed Bath & Beyond requests withdrawal of filing for share offering


Bed Bath & Beyond Inc. BBBY, the ailing home-goods retailer that is planning to close its stores after filing for chapter 11 bankruptcy protection, on Friday said it requested to withdraw an S-1 share registration statement. The company, in a letter to the SEC, said “it has determined not to proceed with an offering at this time.” The S-1 form was initially filed on April 11. Bed Bath & Beyond made the announcement to seek bankruptcy protection on Sunday, and said it would conduct a “wind down of its businesses.”

This article was originally published by Marketwatch.com. Read the original article here.

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