Bed Bath & Beyond to acquire Cost Plus
Officials from Union, NJ-based Bed Bath & Beyond Inc. and Oakland, Calif.-based Cost Plus Inc. said today that Bed Bath & Beyond will acquire Cost Plus in an all-cash tender offer of $22 per share for all outstanding shares of Cost Plus common stock, for a total cost of $495 million.
L'Oréal Paris has opened up a boutique within the Bed Bath & Beyond store on Manhattan's Upper East Side.