1,600 jobs saved in Dreams deal

AOL Money Staff

More than 1,600 jobs at beds giant Dreams have been saved after 171 of its shops were bought out of administration.

However, the deal between Sun Capital Partners and administrator Ernst & Young (E&Y) leaves a further 400 jobs at risk as a buyer is still being sought for the remaining 95 shops, which will continue to trade for the time being.%VIRTUAL-SkimlinksPromo%