Tempur Sealy's proposed $4 billion acquisition of Mattress Firm is getting challenged by the Federal Trade Commission, the antitrust agency announced on Tuesday. The FTC unanimously voted to go to ...
An answer regarding whether or not Tempur Sealy International can acquire Mattress Firm will have to wait until December.
The Federal Trade Commission's lawsuit on Tuesday to block Tempur Sealy's (NYSE:TPX) planned $4 billion purchase of Mattress ...
While Tempur Sealy has its headquarters in Kentucky, this case has Texas ties through Mattress Firm's involvement. The retailer has more than 2,300 locations across the U.S. and a few hundred ...
NEW YORK — The Federal Trade Commission has unanimously voted to bring a lawsuit against mattress maker Tempur Sealy to block its $4 billion acquisition of Mattress Firm, saying the deal would ...
The Federal Trade Commission voted unanimously Tuesday to block mattress supplier Tempur Sealy International from acquiring retailer Mattress Firm in a $4 billion deal over concerns the combined ...
After a 5-0 vote, on July 2, 2024, the U.S. Federal Trade Commission sought to block mattress manufacturer (the “Manufacturer”) contemplated $4 billion acquisition of a mattress retailer (“Retailer”) ...
By acquiring Mattress Firm, Tempur Sealy would wield significant power over its rival mattress suppliers, which include Serta Simmons Bedding and Purple Innovation Inc. and could cut or limit ...
In a 5-0 vote announced Tuesday, the FTC told the bedding giants to give the deal a rest. Since the acquisition would see the world’s largest mattress manufacturer swallow up the largest U.S ...
Tempur Sealy FTC FILE - A passer-by walks near the front of a Tempur-Pedic mattress store location, May 9, 2023, in Dedham, Mass. The Federal Trade Commission has unanimously voted to bring a ...