An exterior view shows a Bed Bath & Beyond store in Novi, Michigan, U.S., January 29, 2021. Bed Bath & Beyond, Cerberus Capital and Tailwind Acquisition did not immediately respond to Reuters requests for comment. Register now for FREE unlimited access to Reuters.com RegisterShares of the company gained as much as 11% on the news before closing up 7% at $17.46. As part of a settlement with Cohen in March, Bed Bath & Beyond appointed three new directors to its board, two of them to the committee exploring options for the baby products chain. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Deborah Sophia in Bengaluru; Editing by Aditya SoniOur Standards: The Thomson Reuters Trust Principles.

Source: Wall Street Journal April 23, 2022 11:33 UTC