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From Home Furnishing Business
More Than 67% of Mattress Firm Shares Tendered by Deadline
September 14,
2016 by Jane Chero in Business Strategy, Industry 
The two companies have said they hope to complete the deal by the end of September.
Mattress Firm shareholders will receive $64 per share, which makes the deal worth about $3.8 billion, including net debt.
It marks Steinhoff’s entry into the North American retail market, where Mattress Firm has more than 3,500 stores in 48 states.