Bed, Bath & Beyond Responds To Activist Investor Group

Bed Bath & Beyond has released a statement in response to a press release issued by Legion Partners Asset Management, Macellum Advisors GP and Ancora Advisor following reports that the three investor groups are looking to replace the company’s board of directors and CEO.

Tuesday Morning Reaches Deal With Investor Group

After facing a potential proxy fight with an investor group of stockholders pushing for leadership changes at the off-price retailer, Tuesday Morning said that it has entered into a cooperation agreement with Jeereddi Partners, Purple Mountain Capital Partners and their affiliates.

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