The Traderszone Network

Published in TZ Latest News 24 August, 2016 by The TZ Newswire Staff

Bed Bath & Beyond Paid Peanuts for Flash Sale Site

Although Bed Bath & Beyond (NASDAQ: BBBY) called the purchase price of flash sale site One Kings Lane immaterial when it announced the acquisition back in June, the folks at Recode are now reporting that those in the know revealed to them that the home furnishings retailer got the site for a song — less than $30 million.