South African retailer Steinhoff and Mattress Firm are likely shopping for some new pajamas after announcing the “successful consummation” of a previously announced $64 per share cash tender offer for the U.S. company’s outstanding common stock. [More]
Mattress Firm
South African Retail Giant Steinhoff Buying Sleepy’s Owner Mattress Firm For $3.8B
By 8.8.16
Two big names are going to bed with each other, though one of them you may not be as familiar with: South African retailer Steinhoff — known as “Africa’s Ikea” — is buying America’s largest specialty bedding retailer Mattress Firm, for $3.8 billion. [More]
Mattress Firm Getting Into Bed With Rival Sleepy’s In Deal Worth $780M
By 12.1.15
Instead of going to the mattresses* like they used to, two big rivals are hopping into bed together: Mattress Firm Holdings has agreed to buy Sleepy’s in a $780 million deal. [More]
We’re Feeling Very, Very Sleepy Because Mattress Firm Buys Sleep Train For $425M
By 9.4.14
Have you ever walked by a mattress store and automatically felt like you needed a nap? No? Just me? Okay, fine, but the mattress store near you might in for a big change as two mattress retailers prepare to go to bed together. [More]
