Bed Bath & Beyond to Buy Fathom Holdings in $53.4 Million Stock Swap

Dow Jones06-17

By Colin Kellaher

Bed Bath & Beyond has agreed to buy real-estate-services platform Fathom Holdings in a stock swap valued at about $53.4 million.

Bed Bath & Beyond will issue 0.2236 shares, worth about $1.35 based on Tuesday's closing price of $6.02, for each share of Fathom, the companies said Wednesday.

The purchase price is more than double Tuesday's closing price of 63.3 cents for Cary, N.C.-based Fathom.

Trading in shares of Fathom was halted premarket on Wednesday.

Murray, Utah, retailer Bed Bath & Beyond said Fathom's integrated platform and technology capabilities complement its "Everything Home" strategy and accelerate its work to create an end-to-end homeownership platform.

The deal slated to close by the end of the year.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

June 17, 2026 08:22 ET (12:22 GMT)

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