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Deals Rumor Mill: Mattress Firm, SoftBank, Sprint

By Adam Rhodes (August 6, 2018, 5:58 PM EDT) -- The country's largest mattress retailer is considering filing for bankruptcy protection, Reuters reported on Monday. According to the report, Mattress Firm is considering the move in an effort to shutter unprofitable stores. Citing anonymous sources, the outlet reported that AlixPartners is working with the retailer and its parent company Steinhoff International Holdings. The outlet noted that Steinhoff is additionally trying to strike a deal to restructure some of its subsidiaries' debt. The outlet's sources said, however, that no final decisions have been made....

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