Online retailer Overstock.com has won the auction for some assets of Bed Bath & Beyond, including the bankrupt home goods chain's intellectual property and mobile platform, for $21.5 million, court filings showed today, Reuters reported. Last week, Overstock had offered to buy those assets for the same price under a "stalking horse" bid. Bed Bath & Beyond had then said it would continue to solicit other offers. While Bed Bath & Beyond's stores are not part of the deal, it will include the retailer's business data and publicity rights. Overstock will also assume certain liabilities related to transferred contracts. The sale is subject to approval by the bankruptcy court at a hearing on Tuesday.
