Casper Sleep Stock Soars. Investors Are Awakened by Takeover Offer. – Barrons

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. 


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