Bed Bath & Beyond up after disclosing F9 Brands takeover plan

Neighborhood Intelligence

08/04/2026 13:50

** Shares of Bed Bath & Beyond BBBY.N up around 10% at $4.78 premarket

** E-commerce company says it has signed a letter of intent to buy equity interests and substantially all assets of F9 Brands, including Lumber Liquidators and Cabinets To Go

** Deal values at nearly $150 million, including $37 million in cash and about 16 million BBBY shares at $7 apiece

** Transaction is expected to close after annual shareholder meet in May

** BBBY says seller and its management team will get a one-time $25 million payout if F9 Brands makes $20 million annual profit in any one of the next five years

** Co appoints executive chief of F9 Brands Jason Delves as CEO of Beyond Home Services, he will be joining the executive leadership team of BBBY

** Up to last close, stock fell nearly 21% YTD

 (Reporting by Anuja Bharat Mistry in Bengaluru)

 ((AnujaBharat.Mistry@thomsonreuters.com))