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Slide #2. Mattress Firm Holding Corp. — Mattress King and BedMart Stores
Acquirer:
Mattress Firm Holding Corp. (MFRM)
Acquiree:
Mattress King and BedMart Stores
Details:
Mattress Firm Holding Corp. (the "Company") (NASDAQ:MFRM), a leading specialty retailer of mattresses and accessories in the United States, announced that the Company has entered into an agreement to acquire substantially all of the mattress specialty retail assets and operations of Mattress Liquidators, Inc., which operates Mattress King retail stores in Colorado and BedMart retail stores in Arizona.
Mattress Firm Holding is a holding company. Through its subsidiaries, Co. is a retailer of mattresses and related products and accessories. As of Feb 2 2016, Co. and its franchisees operated over 2,400 stores, primarily under the Mattress Firm® and Sleep Train ® brand names, in 105 markets across 41 states. Co. operates through two reportable segments: retail operations, which comprise company-operated stores, its e-commerce website operations and multi-channel sales operations; and franchise operations, which consists primarily of franchisee-operated mattress specialty stores.
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Hold (2.25 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
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