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Bed Bath & Beyond says has been 'working expeditiously' for weeks to strengthen balance sheet

·1 min read
Bed Bath & Beyond says has been 'working expeditiously' for weeks to strengthen balance sheet

Bed Bath & Beyond Inc. said Thursday it has been working "expeditiously" for the past few weeks with external financial advisers and lenders on bolstering its balance sheet and will provide more details in an update at the end of August. In a filing with the Securities and Exchange Commission in response to media inquiries, the troubled retailer and meme stock said it was pleased to have reached a "constructive agreement" with Ryan Cohen's RC Ventures in March. The comment came after Cohen, chai