BRIEF-Sleep Number Enters Asset Purchase Agreement To Combine With Sleep Country Canada

Sleep Number Corporation

Sleep Number Corporation

SNBR

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June 12 (Reuters) - Sleep Number Corp SNBR.O:

  • SLEEP NUMBER ENTERS ASSET PURCHASE AGREEMENT TO COMBINE WITH SLEEP COUNTRY CANADA, CREATING AN INDUSTRY LEADER IN NORTH AMERICA

  • SLEEP NUMBER - INITIATED VOLUNTARY CHAPTER 11 SALE PROCESS

  • SLEEP NUMBER - INITIATES VOLUNTARY CHAPTER 11 SALE PROCESS

  • SLEEP NUMBER - EXPECTS UP TO $260 MILLION DIP FINANCING INCLUDING $65 MILLION NEW FINANCING

  • SLEEP NUMBER CORP - EXPECTS THAT ITS COMMON SHARES WILL BE DELISTED FROM TRADING ON NASDAQ

Source text: ID:nBw6cbY89a

Further company coverage: SNBR.O


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