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"We've been buying it aggressively, [Bed Bath and Beyond]... probably it will be a take-out target, I mean, either a PE firm or it could be Amazon (NADAQ: AMZN),"
- Fr. Emmanuel Lemelson, Benzinga, August 12, 2019
Shares of Bed Bath & Beyond (NASDAQ: BBBY) spike after The Deal is said to report the retailer hired Goldman Sachs to help it explore bids. The report hasn't been confirmed by the company or any other sources.
Watch the full interview below or click here.
Disclosure: Lemelson Capital Management is long shares of Bed Bath and Beyond on behalf of its clients.
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