MergerJun 17, 2026, 05:26 PM
Bed Bath & Beyond to Acquire Fathom Holdings Inc. in Stock Deal
AI Summary
Bed Bath & Beyond, Inc. has entered into a Merger Agreement and Plan of Reorganization with Fathom Holdings Inc. (FTHM). Under the agreement, Fathom Merger Sub, Inc. will merge with and into FTHM, with FTHM surviving as a wholly owned subsidiary of Bed Bath & Beyond. FTHM common stock will be converted into 0.2236 shares of Bed Bath & Beyond common stock. The agreement also details the treatment of FTHM stock options, restricted stock awards, RSUs, and PSUs.
Key Highlights
- Bed Bath & Beyond (BBBY) to merge with Fathom Holdings Inc. (FTHM).
- FTHM common stock will be converted into 0.2236 shares of BBBY common stock.
- FTHM stock options will be canceled without payment.
- FTHM restricted stock awards will be assumed and converted into BBBY restricted stock awards.
- FTHM RSUs held by non-employee directors will vest and convert to BBBY stock.
- FTHM PSUs with stock price hurdles that vest at closing will convert to BBBY stock.
Price Impact
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