Bed Bath & Beyond in talks with buyers, lenders ahead of bankruptcy, CNBC says

Bed Bath & Beyond has been in talks with prospective buyers and lenders as it seeks to keep its business afloat amid a likely bankruptcy filing, CNBC’s Lillian Rizzo and Gabrielle Fonrouge report, citing people familiar with the matter. The company is in the middle of a sale process and aims to find an acquirer that would keep the doors open for both of its major retail chains, the authors note. Meanwhile, the retailer is also looking for a lender to provide financing that would keep operations going if it were to file for bankruptcy protection soon, the authors say. Reference Link