Mattress Firm Announces Expiration of HSR Waiting Period in Connection with Its Proposed Acquisition of Sleepy’s
January 12 2016 - 6:30AM
Business Wire
— Acquisition Expected to Close on February
3, 2016 —
Mattress Firm Holding Corp. (the “Company”) (NASDAQ: MFRM), the
nation's largest specialty mattress retailer, today announced that
on January 11, 2016, the waiting period under the Hart-Scott-Rodino
Antitrust Improvements Act of 1976, as amended (the “HSR Act”)
expired with respect to Mattress Firm’s acquisition of all of the
outstanding equity interests in HMK Mattress Holdings LLC, the
holding company of Sleepy’s and related entities. The acquisition
is expected to close on February 3, 2016, subject to customary
closing conditions, including any remaining regulatory
approvals.
About Mattress Firm Holding Corp.
With more than 2,400 company-operated and franchised stores
across 41 states, Mattress Firm Holding Corp. (MFRM) has the
largest geographic footprint in the United States among multi-brand
mattress retailers. Founded in 1986, Houston-based MFRM is the
nation's leading specialty bedding retailer with over $2.5 billion
in sales over the past 12 months. MFRM, through its family of
brands, including Mattress Firm and Sleep Train, offers a broad
selection of both traditional and specialty mattresses, bedding
accessories and other related products from leading manufacturers,
including Sealy, Tempur-Pedic, Serta, Simmons, Stearns &
Foster, and Hampton & Rhodes. More information is available at
www.mattressfirm.com. MFRM's website is not part of this press
release.
About Sleepy’s
Sleepy's is a privately-owned fourth-generation company with
over 1,050 retail locations in 17 states and the District of
Columbia, spanning from Maine to South Carolina and available
nationally through www.sleepys.com. Throughout Sleepy's over
58-year history, the company has remained committed to providing
sleep comfort and expertise with its highly trained Mattress
Professionals and an extensive selection of top brands, including
Tempur-Pedic, Sealy Posturepedic, Simmons Beautyrest, Serta, King
Coil, Stearns & Foster and more. Sleepy’s website is not part
of this release.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160112005420/en/
Mattress Firm Holding Corp.Investor Relations
Contact:Scott McKinney, 713-328-3417Vice President of Investor
Relationsir@mfrm.comorMedia Contact:Kimberly Wise,
214-646-1659kwise@jacksonspalding.com
Mattress Firm Holding Corp. (MM) (NASDAQ:MFRM)
Historical Stock Chart
From Jun 2024 to Jul 2024
Mattress Firm Holding Corp. (MM) (NASDAQ:MFRM)
Historical Stock Chart
From Jul 2023 to Jul 2024