Bed Bath & Beyond buying Cost Plus for $495M

Union : NJ : USA | May 09, 2012 at 6:41 AM PDT

Source: Arizona Republic

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Cost Plus Inc. for about $495 million as it looks to offer a bigger variety of products to its customers. Bed Bath & Beyond said Wednesday that it will pay $22 for each Cost Plus share, a 22 percent premium to Cost Plus' closing price of $17.99 on Tuesday. FULL ARTICLE AT Arizona Republic

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