Sleep Country Acquired by Fairfax Subsidiary

Sleep Country Canada Hldg (TSE:ZZZ) has released an update.

Sleep Country Canada Holdings Inc. has received final court approval for its acquisition arrangement by a Fairfax Financial Holdings Limited subsidiary, with a purchase price of $35.00 per common share. Shareholders have overwhelmingly approved the deal, which is expected to close on or about October 1, 2024, leading to the de-listing of Sleep Country from the Toronto Stock Exchange.

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