BUZZ-Fathom Holdings jumps on acquisition by Bed Bath & Beyond
Fathom Holdings, Inc.
Bed Bath & Beyond, Inc.
Fathom Holdings, Inc. FTHM | 0.00 | |
Bed Bath & Beyond, Inc. BBBY | 0.00 |
** Shares of real estate services platform Fathom Holdings FTHM.O jump 75.4% to $1.10
** Co to be acquired by Bed Bath & Beyond BBBY.N in an all-stock transaction
** Bed Bath & Beyond shares down 4.15% to $5.77
** Deal implies equity value of $53.38 million for Fathom
** FTHM appoints Adam Rothstein as interim CEO and Daniel Weinmann as CFO effective immediately
** YTD, FTHM down ~37.3% and BBBY up ~10.3%