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Mattress Discounters Files Chapter 11

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The Washington Business Journal reported that, "Mattress Discounters Corp. has filed federal bankruptcy protection for the second time in six years, according to a Bloomberg report." The news item said that the company which operates 140 sleep centers across the Northeast (with 40 in the Washington DC area) owes $9.3 million to the 30 largest unsecured creditors; the largest of which is Simmons Company, owed $4.2 million. The full article can be read at: http://www.bizjournals.com/washington/stories/2008/09/08/daily64.html?ana=from_rss

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