Casper Sleep Stock Soars as Investors Are Awakened by a Buyout Offer

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https://www.barrons.com/articles/casper-sleep-cspr-stock-takeover-51636986052


Updated Nov. 15, 2021 9:55 americium ET / Original Nov. 15, 2021 9:21 americium ET

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Investors successful mattress shaper Casper Sleep awoke Monday to quality of a takeover connection that could extremity the company’s nightmare arsenic a nationalist company—which has seen the banal terms illness by much than two-thirds since February 2020.

Casper Sleep (ticker: CSPR) said Monday that it had agreed to a takeover from concern radical Durational Capital Management successful a woody for $6.90 a share, valuing the institution astatine astir $286 million. 

The...


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