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Bed Bath & Beyond Paid $30M For One Kings Lane

  • Re/code, Wednesday, August 24, 2016 12:50 PM
Bed Bath & Beyond reportedly paid less than $30 million for online home-furnishings retailer One Kings Lane. As Recode notes: “The purchase price marks a massive discount from a valuation of $900 million that the startup had secured when it raised more than $100 million from investors in early 2014.” The deal was announced in June, but the financial terms were not disclosed at the time.

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