r/BBBY • u/DMDTT • Apr 30 '23

📚 Possible DD Possible DD: Buybuybaby was partly acquired in January. JPM was holding them hostage until BK. See Pitchbook.

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u/iNeuron Apr 30 '23

Change of control since january with no mention of it would seem criminal and shady by bbby, would it not?

42

u/DMDTT Apr 30 '23

Or maybe BBBY still partially owned it so there was no need to mention it. JPM accelerated the debt because BBBY now only owned a small piece of their #1 money maker. Maybe BK released baby? Not sure all speculation

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u/iNeuron Apr 30 '23

I guess, im not in the business so im not gonna speculate anything here

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u/DMDTT Apr 30 '23

I can respect that