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RoomStore Looks to Hire Investment Banker to Sell Stake in Mattress Discounters

By Aggregated Content in Furniture Retailing on May 31, 2012 from http://www2.wsls.com/business/2012/may/31/tdbiz01-roomstore-wants-to-hire-investment-banker--ar-1954071/

The beleaguered RoomStore Inc. chain is trying to sell its 65 percent stake in Mattress Discounters Group LLC.

The Goochland County-based home furnishings retailer, which filed for bankruptcy protection in December, wants to hire an investment banking firm to help market and provide financial advice in its effort to sell its interest in the 80-store mattress and bedding chain, according to documents filed with the U.S. Bankruptcy Court in Richmond.

 

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