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A Merger Meant To Shake Up The Sleepy Mattress Biz

Retailer Mattress Firm is paying $780 million to scoop up rival Sleepy’s. If approved, the combined company will have some 3,500 retail stores nationwide, plus various online sites and distribution centers. Like most every merger, a big driver of the deal is the quest for greater scale, which could give the combined company a shot at cutting cost and raising prices by using its greater size to drive harder bargains. more info: #FullNewsAudioAvailable


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