Seeking Alpha

Mattress Firm lands the Back to Bed and Bedding Experts chains

  • 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.
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