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Fairfax Financial

Coverage of Fairfax Financial in the Nexus archive.

Earliest in view: Jun 15 · 18:08 UTCMost recent: Jun 15 · 18:08 UTC
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  • BUSINESSJun 15 · 18:08 UTCWSOC ABC CHARLOTTE
    Sleep Number files for bankruptcy, will combine with Sleep Country Canada

    Sleep Number filed for Chapter 11 bankruptcy and agreed to be acquired by Sleep Country Canada for $415 million. The deal involves Sleep Country Canada's U.S. subsidiary SNBR purchasing Sleep Number, with stores remaining open during the process. Sleep Number's CEO cited an unsustainable capital structure but expressed confidence in improving financial position through the acquisition.