Sleep Country Canada to be acquired by Fairfax Financial Holdings for $1.7B in Q4 2024, pending approval.

Sleep Country Canada Holdings Inc. has agreed to a $1.7B acquisition by Fairfax Financial Holdings Ltd. Fairfax's subsidiary will acquire all Sleep Country common shares for $35/share, with the deal expected to close in Q4 2024, pending court approval and customary conditions. Sleep Country plans to delist its shares from the Toronto Stock Exchange upon completion.

July 22, 2024
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