Bed Bath & Beyond is fielding interest from potential acquirers of its Buybuy Baby business after the retailer came under pressure from an activist investor to unload the unit, The Wall Street Journal reports.
Suitors for the baby-gear chain include private-equity firm Cerberus Capital Management and Tailwind Acquisition, a SPAC chaired by former Casper Sleep CEO Philip Krim, according to people familiar with the matter. There is no guarantee the expressions of interest will result in a deal. Read more.
