Purple adopts poison pill as committee evaluates buyout proposal
LEHI, Utah — Nearly a week after receiving the initial offer, Purple Innovation said it has formed a special committee to consider a proposal Coliseum …
Category: Mergers and acquisitions
City Furniture acquires minority stake in PeakActivity
TAMARAC, Fla. — City Furniture has taken a minority ownership stake in digital technology services company PeakActivity. PeakActivity said that it will use the investment to …
Blue Torch Finance completes purchase of Corsicana Mattress Company
DALLAS — Corsicana Mattress Company has been acquired by Blue Torch Finance through a court-supervised auction under section 363 of the U.S. Bankruptcy Code. The …
Coliseum Capital Management submits offer to buy Purple Innovation for $225.6 million
LEHI, Utah — Bedding resource Purple Innovation revealed that it has received an unsolicited and non-binding proposal from Coliseum Capital Management to acquire all of …
Bassett Furniture acquires Canadian e-commerce retailer Noa Home
BASSETT, Va. – Whole-home furniture resource Bassett Furniture announced today that it has acquired Noa Home, a mid-priced ecommerce furniture retailer based in Montreal. The …
Purple Innovation acquires gel-based mattress resource Intellibed
LEHI, Utah — Mattress manufacturer Purple Innovation announced it has acquired gel-based mattress manufacturer Intellibed, a deal in which Intellibed shareholders will receive 8 million …
Flexsteel rejects CSC Generation bid
DUBUQUE, Iowa — Flexsteel Inds. said this morning its board has unanimously rejected an unsolicited proposal by CSC Generation Holdings to acquire the public company …
Making sense of CSC Generation’s buyout offer of Flexsteel
Just who is ‘No Comment’ king Justin Yoshimura? This past week, CSC Generation initiated an unsolicited takeover bid of Flexsteel with an offer of $20.80 …
Report: Kohl’s terminates talks to sell business to Franchise Group
Law360 (July 1, 2022, 5:29 PM EDT) — Kohl’s Corp. announced Friday that it has terminated talks about selling its business to retail-focused holding company …
Franchise Group enters talks to acquire Kohl’s for $60 per share
DELAWARE, Ohio — Franchise Group, the parent of American Freight, Badcock Home Furniture & more and Buddy’s Home Furnishings, said it has entered into a three week …
