Bloomberg Business

Bed Bath & Beyond Picks Initial Buyer for BuyBuy Baby Assets

Bed Bath & Beyond Inc. selected baby goods company Dream on Me Industries Inc. as the initial winner of an auction for the bankrupt retailer’s BuyBuy Baby brand, with the hope that a higher bid might emerge to keep the brand’s stores alive, according to court papers.

Trump SPAC Investors Charged in $22 Million Scheme

Three investors in the listing vehicle that was poised to take Donald Trump’s fledgling media company public were charged with using inside information about the plans to make more than $22 million in illegal trades.

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