Steinhoff's Says Takeover Offer for Mattress Firm Successful
14 September 2016 - 9:34AM
Dow Jones News
BERLIN--German furniture retailer Steinhoff International
Holdings NV (SNH.JO) said Wednesday it had succeeded with its
takeover offer for Mattress Firm Holding Corp. (MFRM).
Shares representing a stake of slightly more than 67% in the
U.S. company were tendered in the offer. In addition, notices of
guaranteed delivery for an additional almost 4% stake were
delivered, said Steinhoff, which paid $64 a share.
Write to Friedrich Geiger at freidrich.geiger@wsj.com
(END) Dow Jones Newswires
September 14, 2016 03:19 ET (07:19 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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