TORONTO - Sleep Country Canada says it is expanding into the U.S. market with the acquisition of Sleep Number following a court-supervised sale process.
TORONTO - Sleep Country Canada says it is expanding into the U.S. market with the acquisition of Sleep Number following a court-supervised sale process.
Documents filed in U.S. Bankruptcy Court say Sleep Country agreed to pay about US$702 million for the assets.
Sleep Number Receives Court Approval for Sale to Sleep Country Canada
Sleep Number Enters Asset Purchase Agreement to Combine with Sleep Country Canada, Creating an Industry Leader in North America
Sleep Number has agreed to merge with Sleep Country through a court-supervised process after years of weak demand. Read more.
Sleep Number filed for Chapter 11 bankruptcy citing debt and inflation but says stores will remain open for now.
Sleep Number has filed for Chapter 11 bankruptcy but assures customers they will continue operations.
Sleep Number recently hired Guggenheim Securities...
