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Sleep Country Canada Proposes Share Buyout Plan
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Sleep Country Canada Proposes Share Buyout Plan

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

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Sleep Country Canada Holdings Inc. has announced the filing of a management proxy circular for a special meeting to approve a plan of arrangement for Fairfax’s subsidiary to purchase all common shares at a significant premium. This arrangement, unanimously recommended by the Board, offers immediate cash value to shareholders and is considered more favorable compared to other strategic alternatives.

For further insights into TSE:ZZZ stock, check out TipRanks’ Stock Analysis page.

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