/biz/ - Business & Finance

All this bond/share shit is retarded. Anyone still in this play on the long side at this point knows it’s essentially a gamble (given that retail operates in the dark) on whether there’s more than meets the eye vis a vi a merger, carve out, buy out, etc…RC being involved would be bullish for a multitude of reasons. There’s circumstantial coincidences that seem to suggest so but it’s inherently a closed deal (ndas, etc) and all anyone can do is guess. Maybe this whole thing is a psy op of sorts. Worse things done to people by rulers in history tbf. June deadline into the 4th of July fireworks would be something special but after so many years can’t be arsed anymore.

>been gone a few months. whats the new date now?
BBBYQ stalking horse bid deadline tomorrow
>hottest theories?
carl icahn possibly involved (he likes to deal with bonds, see >>55201554, also the timing of RC's pic with carl icahn when the BBBY bond deal was first announced, and RC liked pulte's meme tweet of BBBY and carl icahn in it)
GME has 1 billion authorized shares which they can use for acquisitions
maybe matt furlong was cockblocking RC's plans for BBBYQ
with RC as the executive chairman they can bid on buybuy baby etc
for RC it doesn't matter if GME gets diluted since he isn't allowed to sell without pissing off apes, but he can dilute and redditors will invent a new narrative about gmerica etc to cope, and then RC gets to be in charge of buybuy baby etc without being out a lot of money from his own pocket

>>55222518
>been gone a few months. whats the new date now?
BBBYQ stalking horse bid deadline tomorrow
>hottest theories?
carl icahn possibly involved (he likes to deal with bonds, see >>55201554, also the timing of RC's pic with carl icahn when the BBBY bond deal was first announced, and RC liked pulte's meme tweet of BBBY and carl icahn in it)

https://www.reddit.com/r/BBBY/comments/13vzde3/endgame_part_2_these_cant_be_mere_cohencidences/

>TL/DR:

4 lawyers representing the Official Committee of Unsecured Creditors have likely represented Carl Icahn's interests in past CH11 reorganization and Creditor financing.

Also, Schedule 1 starting on page 5 of CH11 court docket 456: NOTICE OF LEASE AUCTION AND POTENTIAL LEASE SALE HEARING does not include any distribution center in the list of locations whose lease is up for auction and potential sale, which supports the thesis that I discussed in my previous post that potential buyers are interested in acquiring BBBYQ assets to develop into an Amazon competitor where existing contracts with Ryder Integrated Logistics for running the distribution centers that were signed before inflation ramped up are considered important assets.

Also, CNBC is now going to air a documentary on Ryan Cohen on June 6 (1 day before the June 7 auction date), where Larry Cheng's CNBC interview conducted in Volition Capital's office back on Feb 7 (1 day after the equity funding deal with HBC) will likely feature.

So, I can see big potential M&A related news in the coming days, possibly with Icahn's bond debt stake and maybe even shareholder stake being revealed, considering the court hearing tomorrow and either he or RC may possibly revealed as the stalking horse bidder after (the company has 2 business days to reveal the stalking horse bidder via stalking horse notice filing, after an agreement is reached) the stalking horse deadline, the day after.

>>54719536
at least we're finally getting some answers like remember when they extended the bond deal deadline repeatedly for months

>>54460012
>>54460148
The antitrust M&A blockage makes sense to me, everything's been lined up since the bond deal was cancelled, but the FTC stuck a spanner in the works. The hudson deal and the current Riley situation look desperate because they're shoring up unexpected gaps, but the current April 26th deadline should force someone's hand.

>>53105602
I was here before Keith you dumb nigger. Why would you side with Keith? He blatantly FUDs GME by saying if there’s no BBBY merger then GME is over. Could there be any greater indicator that he’s a shill than constantly pushing other stocks while talking shit about the one stock that this thread is centered around?
Look at this shit. All these BBBaggies do is talk shit about Ryan and GME >>/biz/?task=search&ghost=&search_text=Bond+deal+deadline

>>52982047
it depends on if what RC has been doing was all a larp, a grift

there's unconfirmed speculation that RC/icahn/GME are going to acquire BBBY. BBBY has been reducing their debt (the acquirer would have to pay denbts) and just now hired david kastin a big M&A guy and they haven't diluted in over a month. icahn commented that there are companies that he can't talk about at all because they haven't had their earnings yet. the first january is lining up with RC's standstill expiring, the BBBY bond deal deadline and BBBY earnings.

if nothing happens then GME is probably fucked and will bleed out over time as shareholders capitulate and GME keeps diluting while failing to grow and turn a profit

>>52951602
>>52951769
RC still has the agreement in place with BBBY. bond exchange offering to clear debt ahead of an acquisition (the acquirer would have to pay denbts). matt furlong said that GME is exploring acquisitions and BBBY looks the most likely since RC is interested in buybuy baby. matt furlong also that they won't risk significant capital in crypto so acquiring loopring seems unlikely. btw FTX had an epic rugpull and sam bankman fried is facing life in prison. the standstill agreement expires on the 3rd of january which happens to line up with the bond deal deadline and the expected date of BBBY's earnings report. carl icahn (who RC met and tweeted a pic of) has cash ready to use for acquisitions and said in an interview that there are companies that he can't talk about at all because they haven't had their earnings and so on. it also turns out that RC is on the board of directors of dragonfly commerce (together with his chewy co-founder and larry cheng) whose job is to acquire ecommerce companies (buybuy baby would fit the bill). RC also registered teddy holdings LLC which has some interesting trademarks which are not just book related.

https://www.reddit.com/r/BBBY/comments/x2odqn/the_dd_we_all_forgot_to_do/
https://www.reddit.com/r/BBBY/comments/wtfwyp/potential_bbby_endgame_a_wombo_combo_of_dragonfly/
https://www.reddit.com/r/BBBY/comments/ycxkll/bbby_debt_tender_exchange_offer_analysis_part_2/
https://www.reddit.com/r/Superstonk/comments/y7gqdh/carl_ichan_is_not_going_to_buy_gme_shares/
https://www.reddit.com/r/Superstonk/comments/yefhfd/gmerica_whalefinanced_and_the_activist_investors/
https://www.reddit.com/r/Superstonk/comments/yixaai/gmerica_whaleplayed_the_wombo_combo/
https://www.reddit.com/r/Superstonk/comments/z1kfa7/gmerica_whalestacked_for_the_wombo_breaker/

>>52761722
if RC did indeed rugpull BBBY then that doesn't bode well for GME either. there's still a slim chance that he's playing 4d chess because his tweets do spell out a message if you read between the line even though they're vague enough to maintain plausible deniability. the standstill expires on 2 january which is 9 months after the babby ultrasound tweet. it might be that BBBY is going to extend the bond deal another 2 more weeks so that the deadline will line up with the end of the standstill agreement.

kek even BBBY is performing better than GME after the announcement today that the bond deal deadline got extended by 2 more weeks. and GME had that 7% drop yesterday while BBBY stayed green.

>>52683822
BBBY is going to be the next major squeeze
GME will have a slight pump in correlation with BBBY or might squeeze if RC does a 4D chess move like issuing GME shares to acquire BBBY or buybuy baby
BBBY bond deal deadline is at midnight on the 5th of december
RC's standstill agreement with BBBY expires on the 3rd of january

>teddy trademarks filed on 8/12, same day as the "at least her cart is full" tweet
>came into effect on 8/16, same day as he sodled BBBY
>trademarks include obvious BBBY/buybuy baby type stuff like bed sheets, towels and china

>pic with carl icahn came right before "Oct 18 2022 Bed Bath & Beyond Inc. Announces Commencement of Exchange Offers and Consent Solicitations for Certain of its Outstanding Debt Securities"

>WSJ article published on Nov. 19, 2022 12:00 am ET, the exact moment of the BBBY bond deal deadline, the timing was probably coordinated with RC in exchange for doing the interview
>the article is probably legit since it has direct quotes from RC and a childhood pic of him, and he changed his twitter bio to the book king and announced the teddy books on twitter
>there's still enough ambiguity to allow for RC/icahn, maybe even buffett to be involved with BBBY but they can't talk about it because of the standstill agreement (it would be weird if RC met buffett and icahn just to be friendly and not talk business, they might see it as a waste of time)
>the article has "people familiar with the matter" say things like icahn seemed to be surprised that RC posted the pic on twitter but doesn't outright deny BBBY involvement, they might have talked in private and "the people" might not be aware of any deal

PLEASE LET SOMETHING HAPPEN

PLEASE DON'T BE A LARP/COINCIDENCE

I WAS GOING TO MOVE ON WITH MY LIFE AFTER THE BIDEN INAUGURATION AND THEN GOT ROPED INTO THIS STONK SHIT

>>52523308
i'm not riding adam aron's dick i'm saying ryan cohen is possibly even worse than adam aron if the WSJ article's characterization of him is correct that he's basically just in it for himself and doesn't care about maximizing value and building loyalty with shareholders that pumped his bags with GME and BBBY

>>52523300
yeah the bond deal deadline was on 11/18 if they didn't extend it again. the board might cooperate with him for M&A or there might be a possibility for a hostile takeover when the standstill agreement expires (i think someone said in march 2023). his chairman from chewy also runs a SPAC that needs to have a deal by march 2023 or the SPAC will wind down. the SPAC might be used to spin off buybuy baby or something idk. hopefully something will come of it but the WSJ article really made it sound like ryan cohen is an immature autist that just met with warren buffett and carl icahn without having an agreement with funding for a takeover or anything like that.

>>52482771
if this is all true then how does BBBY fit into the picture?
>the best time to be alive is now
now = nov = november?
RC has been oddly silent on twitter after the BBBY rugpull and then posted some cryptic stuff like his tweets are being suppressed (same thing that elon tweeted when twitter voted about the buyout) and the pic with carl icahn
BBBY bond deal deadline was 11/15 but moved to 11/18
BBBY has tokenized stocks since even before the sneeze

get in on BBBY. bond deal deadline is next week on 11/15. ryan cohen and carl icahn have hinted pretty strongly at a deal. as a bonus GME maxis are going to rope when BBBY moons while GME crabs.

https://www.reddit.com/r/BBBY/comments/ycxkll/bbby_debt_tender_exchange_offer_analysis_part_2/

>>52311135
it's similar with crypto in other threads on /biz/. NPCs won't even look at deep value plays like BBBY. 6+ billion revenue trading at 350M market cap. could be the next GME. ryan cohen has signaled that he's interested in buybuy baby (BBBY's subsidiary), if you trust him with GME you should trust him with BBBY. read between the lines with tweets such as "i think my tweets are being suppressed" (elon musk tweeted the same thing on the day of the twitter buyout vote) and the pic with carl icahn. BBBY isn't going bankrupt, they stated that they expect to have enough liquidity for at least the next 12 months and that they'll break even on operating cash flow by end of fiscal 2022. the bond deal deadline is november 15, might moon soon after.

https://www.reddit.com/r/BBBY/comments/ycxkll/bbby_debt_tender_exchange_offer_analysis_part_2/

insufferable dunning kruger midwits won't even look at deep value plays like BBBY. 6+ billion revenue trading at 350M market cap. could be the next GME. ryan cohen has signaled that he's interested in buybuy baby (BBBY's subsidiary), if you trust him with GME you should trust him with BBBY. read between the lines with tweets such as "i think my tweets are being suppressed" (elon musk tweeted the same thing on the day of the twitter buyout vote) and the pic with carl icahn. BBBY isn't going bankrupt, they stated that they expect to have enough liquidity for at least the next 12 months and that they'll break even on operating cash flow by end of fiscal 2022. the bond deal deadline is november 15, might moon soon after.

https://www.reddit.com/r/BBBY/comments/ycxkll/bbby_debt_tender_exchange_offer_analysis_part_2/

>>11183704
Canada in final bail in publication
https://www.lexology.com/library/detail.aspx?g=a88c4ca3-4a4a-438b-a18f-d866d8468b46

Confirmation that the framework takes effect in Canada on the 23rd (2 years ahead of the deadline so make of that what you will): https://www.bnnbloomberg.ca/rbc-prepares-to-blaze-trail-with-new-bail-in-eligible-bonds-1.1139957

Confirmation of the G20 initiative happening in 2014: https://www.reuters.com/article/us-g20-banks-exclusive/exclusive-g20-finalizing-flexible-bail-in-bond-deal-for-big-banks-sources-idUSKBN0GZ20F20140904

Fitch: Debt Ceiling 'Brinkmanship' Threatens U.S. Credit Rating
https://www.usnews.com/news/economy/articles/2017-08-23/fitch-debt-ceiling-brinkmanship-threatens-us-credit-rating

http://www.businessinsider.com/fitch-us-credit-rating-downgrade-debt-ceiling-2017-8
>Congress just got a big warning on how the debt ceiling fight could wreck the US economy
>One of the three big credit rating agencies issued a warning to lawmakers regarding the debt ceiling
>Fitch Ratings said in a statement that the AAA rating the US now bears would be in jeopardy if Congress can't get a deal done before the deadline to raise the borrowing limit.
>If the US were to slip close to a debt ceiling crisis, their ratings on the US debt could slip and make it more costly for the federal government to issue debt. In 2011, after the US brushed up against the debt ceiling deadline, S&P lowered its rating of US debt, sending shockwaves throughout financial markets.
>"We have previously said that prioritizing debt service payments over other obligations if the limit is not raised — if legally and technically feasible — may not be compatible with 'AAA' status."
>One option that has been floated in previous debates is the idea of "prioritization" — that the government could stop other payments and focus on paying interest on its debt to try and preserve faith in the bond market. Fitch said, however, that likely wouldn't help if it reconsidered its rating.
>"In Fitch's view, the economic impact of stopping other spending to prioritize debt repayment, and potential damage to investor confidence in the full faith and credit of the US, which enables its 'AAA' rating to tolerate such high public debt, would be negative for US sovereign creditworthiness"

How is biz planning on profiting from this potential happening?