Mattress startup Purple merges with NY shell company in $1.1 billion deal

 Purple, a Utah-based mattress startup announced today it will merge with Global Partner Acquisition Corp (GPAC) in a deal that would value the company at $1.1 billion. Purple was already well on its way to that valuation when we got to take a sneak peak at operations at the company’s headquarters in the small town of Alpine, Utah and its giant factory an hour away in rural Grantsville… Read More

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