On March 6, 2022, Ryan Cohen
RC Ventures letter to Bed Bath and Beyond Board of directors - SEC.gov link
TLDR from businessinsider.com:
- GameStop chairman Ryan Cohen disclosed a 9.8% stake in Bed, Bath & Beyond.
- The activist investor urged the retailer’s bosses to refocus and explore a sale of the company.
- Cohen pushed for compensation changes and a spin-off or sale of the Buybuy Baby division.
March 8, 2022 tweet from RC:
“Sent letter to $BBBY board, got no response. Sent email to CEO asking for a discussion, haven’t gotten a prompt response. Too busy talking to expensive consultants?”
March 8 2022 tweet from RC three hours later:
“Finally got a response from $BBBY”
March 25, 2022
Bed Bath & Beyond gives activist investor Cohen three board seats