E-commerce mattress maker Casper sold for about $308 million
ABC News
The e-commerce mattress maker Casper is being acquired and taken private for about $308 million
NEW YORK -- The e-commerce mattress maker Casper is being acquired and taken private, less that a year after its public debut, for about $308 million.
Shares of Casper Sleep Inc. spiked 88.5% to close Monday at $6.69.
Durational Capital Management will pay $6.90 per share for Casper.
The New York City company went public in February 2020 and it's had a rough debut.
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