Popular Stories
Casper Sleep Stock Soars as Investors Are Awakened by a Buyout Offer
Investors in mattress maker Casper Sleep awoke Monday to news of a takeover offer that could end the company’s nightmare as a public company—which has seen the stock price collapse by more than two-thirds since February 2020.
Casper Sleep (ticker: CSPR) said Monday that it had agreed to a takeover from investment group Durational Capital Management in a deal for $6.90 a share, valuing the company at around $286 million.
The…