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Banks extend deadline for Simmons’ restructuring




ATLANTA, GA, July 2, 2009- Simmons Bedding Company ("Simmons Bedding"), a subsidiary of Simmons Company ("Simmons" or the "Company") and a leading manufacturer of premium-branded bedding products, announced that it has reached an agreement with the majority of its senior bank lenders to extend their forbearance period from June 30, 2009 to August 14, 2009, subject to meeting certain conditions on or before July 31, 2009.


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