Bed Bath & Beyond, the home-goods retailer that filed for bankruptcy in April, accepted a $21.5 million bid from Overstock.com to acquire its assets, according to a court filing on Thursday. “Following completion of the court-approved auction process and in consultation with the official committee of unsecured creditors, Bed Bath & Beyond Inc. has selected a proposal from Overstock.com as the winning bidder,” Julie Strider, a Bed Bath & Beyond spokeswoman, said in a statement. Overstock will receive Bed Bath & Beyond’s assets, which include its intellectual property, business data, rights to mobile apps and certain contracts, Ms. Strider said. Overstock will “assume certain specified liabilities,” she added. Overstock, the online retailer known for selling large furniture like couches and desks, declined to comment.

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Persons: Julie Strider, Overstock, Strider Organizations: Bed, Beyond Inc Locations: Overstock.com