Overview

• The Ontario Superior Court of Justice has given final approval for Fairfax Financial Holdings Ltd. to acquire Sleep Country Canada Holdings Inc.
• Sleep Country shareholders voted 99.93% in favor of the $1.7 billion deal, priced at $35 per share.
• CEO Stewart Schaefer highlighted that the agreement will unlock shareholder value.
• The transaction is expected to close on or around October 1, pending customary closing conditions.
• Post-acquisition, Sleep Country will delist from the Toronto Stock Exchange and cease to be a reporting issuer under Canadian securities laws.