Bed Bath & Beyond’s Buybuy Baby sparks buyer interest

Bed bath and beyond is attracting interest from potential buyers of its Buybuy Baby business after the retailer came under pressure from an activist investor to offload the unit.

Baby gear chain contenders include private equity firm Cerberus Capital Management LP and Downwind acquisition a special purpose acquisition company chaired by the former chief executive of Casper Sleep Inc. Philippe Krim, according to people familiar with the matter. There is no guarantee that expressions of interest will result in an agreement.


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