The company was established in 1987 and is a favorite destination for a restful night's sleep. In 2004, Steinhoff International, a South African furniture retailer, purchased Mattress Firm and other companies for $2.4 billion. It was not clear whether the acquisition was related to money laundering or not, but it was a large scam that involved several other companies. The company has been in the news recently for some questionable practices, including the sharing of security camera information with the government.
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