Bed Bath & Beyond Inc. (NASDAQ:BBBY) could be in place with an activist investor, a move proceeded by a call by Brian Sozzi call to do the same nearly 19 days ago. Bed Bath & Beyond facing shareholder pressure behind the scenes Wells Fargo & Co (NYSE:WFC) is saying language in Bed Bath & Beyond Inc. (NASDAQ:BBBY)’s last proxy filing, coupled with co-chairmen Warren Eisenberg and Leonard Feinstein amending their employment agreements, suggest that the retailer could be facing shareholder pressure behind the scenes. Wells is reported to believe Bed Bath could issue $1B-$1.5B in senior unsecured notes with plans to use…
Are Activists In Play At Bed Bath & Beyond?
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
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