Bankrupt retailer Bed, Bath and Beyond has been snapped up at auction for a $21.5million - in a deal that will see all its stores shutter and the brand live on in name only.Laid bare by Thursday, the purchase comes week after the e-commerce firm filed for Chapter 11 - attempting to reorganize its assets and pawn them off to the highest bidder.The buyer, dot-com juggernaut Overstock.com, has already liquidated at least 18 failed companies at below-wholesale prices, and now holds the rights to the retailer’s name - as well as its intellectual property and all of its assets.
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