Ichan Enterprise takes over BBBY

Carl Celian Icahn is an American financier. He is the founder and controlling shareholder of Icahn Enterprises, a public company and diversified conglomerate holding company based in Sunny Isles Beach.

Ichan and Sue Gove, CEO of Bed Bath and Beyond (BBBY), have come to an agreement to pay off all debt of BBBY in exchange of taking complete ownership of the company. Ichan will take the company private, effective Nov. 15th 2022, and pay off all share holders the true value at $100/share.

The buy buy BABY brand will be sold to Ryan Cohen at a fair market value price.

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