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Mattress maker Purple receives unsolicited buyout bid

The largest shareholder in mattress maker Purple Innovation Inc. has submitted an unsolicited bid to buy all outstanding shares in the Lehi, Utah-based company. Private equity company Coliseum Capital Management LLC is offering $4.25 per share, a 56 percent premium to the $2.79 price listed on Sept. 16.
United States Rob Demartini Exchange Commission Pedic International Purple Innovation Inc Coliseum Capital Management

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