UNION, N.J. – A last-minute buyer. All are possibilities as Bed Bath & Beyond faces an imminent bankruptcy filing, according to reports from Reuters and the Wall Street Journal. Investment firm Sixth Street, which loaned Bed Bath & Beyond $375 million last year, is negotiating a loan related to bankruptcy proceedings, according to Reuters. In addition, Bed Bath & Beyond has liquidators at the ready to begin going-out-of-business sales at stores by this weekend, the news agency was told. In recent days, the company added 87 Bed Bath & Beyond stores and five Buybuy Baby units to the list of 150 closings it began scheduling last year.
