Bed Bath & Beyond, Inc. (BBBY) has announced its intent to merge with Fathom Holdings Inc. (FTHM), in a deal valued at $78.68 million.
As per the agreement, the shareholders of Fathom Holdings Inc. will receive 0.2236 shares of Bed Bath & Beyond, Inc., reflecting a premium of 93.65% based on Fathom Holdings Inc.’s last closing price.
The premium over the 30-day average trading price that Bed Bath & Beyond, Inc. agreed to pay is 98.76%. In case of termination of the merger agreement by either Bed Bath & Beyond, Inc. or Fathom Holdings Inc., a termination fee of 2 million will be payable. The outside date for the completion of the merger is set for December 16, 2026.
Bed Bath & Beyond, in conjunction with its subsidiaries, manages a network of retail outlets. The company offers a diverse array of domestic goods, encompassing bed linens, related soft furnishings, bath essentials, and kitchen fabrics.
Fathom Holdings is a national, technology-driven real estate services platform that integrates residential brokerage, mortgage, title, and SaaS offerings through its proprietary cloud-based software, intelliAgent. Fathom’s brands include Fathom Realty, Encompass Lending, intelliAgent, Real Results, and Verus Title.
The merger, subject to regulatory approval and customary closing conditions, is anticipated to be finalized by December 2026. The stock is optionable.
Bed Bath & Beyond, Inc. is acquiring Fathom Holdings Inc. at 0.04 times sales.
For a more comprehensive understanding of this M&A transaction, you can visit the Deal Metrics page at:
Deal Metrics for the acquisition of Fathom Holdings Inc. (FTHM) by Bed Bath & Beyond, Inc. (BBBY)
The Deal Metrics page for each merger or acquisition includes:
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