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Is Simmons bankrupt

Updated: 8/17/2019
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14y ago

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Yes they are bankrupt. Serta is buying them. The Simmons corporate office in Atlanta will be closing as well as most of their plants. Serta will likely use some of Simmons plants after the acquisition and get rid of licensee plants in Seattle and Salt Lake City. Charlie Eitel, their former CEO, will return to help close the offices and plants.

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14y ago
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