How to use a update statement which has a string containing '&' - Pls help

When used the following select statment in SQL plus
it is working fine:
SELECT * FROM REDEMPTION_OFFERS
WHERE portfolio=203 AND display_description= '$100
Bed Bath'||' & '||'Beyond Gift Card' AND
ext_redemption_type_lc = 'ERT_CERT'
But when using the same statement in a Update
statement it is not working. Can some one please
help me: Thanks in advance
UPDATE REDEMPTION_OFFERS SET LONG_DESCRIPTION =
'null'
WHERE portfolio=203 AND display_description= '$100
Bed Bath'||' & '||'Beyond Gift Card' AND
ext_redemption_type_lc = 'ERT_CERT'looks like You are using the UPDATE statement in SQL*PLUS too. Your statement is also working....
SQL> select * from a;
        F1 F2        F3
         1           BED BATH
         2           BED BATH
         5           BED BATH
         3           BED BATH
        -2           BED BATH
        -4           BED BATH
        -1           BED BATH
7 rows selected.
SQL> update a set f3 = 'BED '||'&'||' BATH';
7 rows updated.
SQL> select * from a;
        F1 F2        F3
         1           BED & BATH
         2           BED & BATH
         5           BED & BATH
         3           BED & BATH
        -2           BED & BATH
        -4           BED & BATH
        -1           BED & BATH
7 rows selected.

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