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Ikea is heading to Vegas
Ikea is submitting plans to Clark County, Nevada, for a Las Vegas-area store that would increase the Swedish retailer’s presence in the western United States. The application marks the beginning of the governmental approval process that could lead to the store’s opening as early as summer 2016.
Until then, customers will have to shop at the closest locations in Covina, California; Tempe, Arizona, or Draper, Utah; or online at IKEA-USA.com.
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Bed Bath & Beyond proposes unsecured senior notes offering
Union, N.J. - Bed Bath & Beyond Inc. intends to offer, subject to market and other conditions, senior unsecured notes due 2024, senior unsecured notes due 2034 and senior unsecured notes due 2044 under a shelf registration on file with the Securities and Exchange Commission. Bed Bath & Beyond intends to use the proceeds from this offering for share repurchases of its common stock and for general corporate purposes.
J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and Wells Fargo Securities LLC are acting as joint book-running managers.
