Mattress Firm lands the Back to Bed and Bedding Experts chains

|About: Mattress Firm Holding Corp. (MFRM)|By:, SA News Editor

Mattress Firm (MFRM +0.5%) says it has entered an agreement to acquire most of the assets and operations of the Back to Bed and Bedding Experts retail chains for $60M.

The deal will see the company add 135 mattress specialty retail stores to its store count.

Mattress Firm will cash and revolver borrowing to finance the acquistion.