What to do with Sleep Country

Article Excerpt

SLEEP COUNTRY CANADA INCOME FUND $21.96 (Toronto symbol Z.UN; SI Rating: Extra Risk) is now the subject of a friendly $22 per unit cash takeover offer from two private equity firms: Birch Hill Equity Partners Management and Westerkirk Capital (a holding company of the Thomson family). The partners expect the deal to close on or around September 23, 2008. Sleep Country unitholders should tender to the takeover offer. offer…