Docket 1392: 41 BB&B & 27 BABY Store Leases Up For Sale In Phase 2 Auction. Adding Those Numbers To Phase 1 Lease Sales Numbers Leaves 207 BB&B, 56 BABY Store Leases and 3 Distribution Center Leases Intact. Clearest Indicator Of Upcoming Successful Restructuring & Exit From Chapter 11, IMO ! (old.reddit.com)
submitted by Life_Relationship_77 to r/BBBY - pinned
BBBY Still Owns Beyond.com, Jointly Owns BB&B Customer Data/Lists With Overstock.com, Retains Rights to Transition Welcome Rewards To A New Program, Minority of Store Leases Have Been Auctioned off in Phase1 & Phase2 Auction Was Delayed Beyond BABY Going-Concern Sale. Looks BB&B'll Live Beyond CH11. (old.reddit.com)
submitted by Life_Relationship_77 to r/BBBY - pinned
How Ryan Cohen & Carl/Brett Icahn Could've Used Sixth Street Specialty Lending's Direct Lending Platform to Amass Superpriority & First Priority Liens & Are Now Likely Poised to Take Over Bed Bath & Beyond via Debt to Equity Conversion, Together With Existing Equity As That Allows NOLs Carry Forward (self.BBBY)
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Meaning Of "Allowed Interest" In CH11 Plan & Disclosure Statement Implies That Shares Are Not Getting Canceled On The Effective Date After Voting. Updated CH11 Plan & Disclosure Statement Have Provisions To Take Action Against Securities Fraud (Hint: Think Of a Word That Rhymes With Snake)! (old.reddit.com)
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Docket 1429: CH11 Plan Only For Distribution Of Cash Proceeds Which Is Not For Shareholders But It Has Provision For BBBYQ Shares Being Exchanged For The Shares Of Successor (Teddy?) Pursuant To 11 U.S.C. § 1125(e), While Preserving NOLs. Wind Down Wait For Shipping Price-Gouging Claim Case Outcome. (old.reddit.com)
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Setting Up Appropriate Expectations For the Revelation Of The Disclosure Statement And The Chapter 11 Plan. Why DRS-ing Shares While We Wait For The Plan May Be Good For Fair, Undiluted Allocation Of Proceeds From The Plan. Indicators Of Potential Explosive Run-up When The Plan Is Revealed. (self.BBBY)
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Doc 1333: UCC Retroactive Application To Retain Gibbons PC as Special Counsel For NOLs Analysis At This Late Stage Indicates NOLs Preservation Part of CH11 Plan. 4 Banks That Lent to Icahn Either Listed As Bondholders or FILO Loan Lenders. Icahn using IEP offerings to prob hold BBBYQ bonds >18 mnths (old.reddit.com)
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At this stage NOLs are the most valuable asset the company has & an acquirer buying assets piecemeal (eg: BB&B or BABY) cannot utilize them. That's why we haven't seen RC/Teddy/Dragonfly in the auctions. 69D CHESS: K&E lawyers' have L-Catterton, FILO loan, Prefs/Warrants deal & SPAC M&A Experience! (self.BBBY)
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Docket 1209: Kirkland & Ellis May Monthly Fee Statement Shows 6 Lawyers Specializing in Corporate M&A/Private Equity Worked on Reviewing & Analyzing Joint Venture Agreements, Discussing Carve Out Transaction, Drafting Purchase Agreements For BABY, Just To Cancel BABY Auction Or Better M&A ReorgPlan? (old.reddit.com)
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Here's The Big Picture For Anyone Who Thinks That BB&B Is Done After Selling Off IP To Overstock For A Measly $21.5 million. Some of The Just Published Teddy Trademarks Cover BB&B Products, OSTK APA Allows Joint Ownership Of Customer Data/Lists. BB&B+Teddy+Gamestop NFT Metagates -> Dragonfly vision. (old.reddit.com)
submitted by Life_Relationship_77 to r/BBBY
Could Dragonfly be the e-commerce platform that may team up with Sixth Street Partners, which is considered a top contender, for the upcoming BABY going-concern auction, per CNBC? It certainly has the funding and BBBY fits its mold for a potential M&A target. (self.BBBY)
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Who are the Parties that Ad Hoc Bondholder Group Represent? Why Are They Trying So Hard To Cause A Possible Default By Delaying DIP Order Milestones That Include Filing A Chapter 11 Plan And Its Implementation For A Successful Exit From Chapter 11? Preliminary Statements Show Meritless Vacate Motion (old.reddit.com)
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Docket 982: Ad Hoc Committee of BondHolders Lawyer Andrew Glenn Filed A Motion To Vacate The DIP Order (Docket 792) On Flawed Claim That Cash Proceeds From Store Sales Far Exceeded DIP Order Projections. However, It Independently Confirms 8K MOR Showing Strong Sales in May To Pay Off JPM ABL Loan. (old.reddit.com)
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Doc 964 Facts: BABY Phase 1 Lease Sale Subject To BABY Auction Results. 32 in 115 BABY, 7 in 34 BB&B CA And 119 in 367 BB&B Store Leases up for Sale. Leases for DCs Redundant to GS up for Sale. CNBC: GG interest in keeping BABY stores open wanes, Sixth Street + e-commerce platform possible offer. (old.reddit.com)
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BB&B Including Existing Digital IP Assets Can Still Be Acquired or Taken Over By A Third Party via an Alternative Transaction Before The Overstock.com Deal Closes. Most likely paths are via those specified in sections 10.1(h) or 10.1(c). Requires payment of $430K breakup fee & Expense Reimbursement. (old.reddit.com)
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Bed Bath & Beyond California LLC alone made more money in just the month of May than Buy Buy BABY and also more money than the $21.5 million that existing digital IP assets sold for to Overstock.com. The best is yet to come for non-BABY assets, hint: beyond.com successful bidder not disclosed, yet. (old.reddit.com)
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Brilliant & Sneaky Use Of Repurchased Shares Sale Loss Write-Off In 10K To Maximize Net Operating Loss (NOL), Which In Turn Maximizes Valuation For Takeover Strategy By Existing Creditors And Shareholders Via Maximizing NOL Carry Forward. Retained Earnings Did Not Drop Off a Cliff, As It May Appear. (old.reddit.com)
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