On January 31, 2025, the United States District Court for the Southern District of Texas denied the Federal Trade Commission’s (FTC) motion for ...

(Bloomberg) -- Tempur Sealy International Inc. was cleared to move forward with its $4 billion acquisition of Mattress Firm Inc. after a federal judge in Texas rejected a claim by the US Federal ...

Mattress manufacturing leader Tempur Sealy first announced its plan to purchase retailer Mattress Firm in May 2023. The deal was opposed by the US Federal Trade Commission (FTC), which alleged ...

Last July, the FTC voted to block Tempur Sealy's proposed $4 billion acquisition of Mattress Firm due to competition and pricing concerns. The regulator said the acquisition of Mattress Firm would ...

The Federal Trade Commission finally gave its consent. And Tempur Sealy International wasted no time in closing on its $5 billion acquisition of Mattress Firm in a stock and cash transaction.

Despite the approval, the judge ruled that Tempur Sealy and Mattress Firm cannot finalize the acquisition until February 7, allowing time for the FTC to file an appeal. This mattress maker is ...

Piper Sandler analyst Peter Keith raised the firm’s price target on Tempur Sealy (TPX) to $76 from $65 ... the acquisition to proceed. While the FTC has 7 days to appeal, the FTC’s historic ...

Thompson took over as interim leader last month, replacing John Eck, shortly after Tempur Sealy's Mattress Firm acquisition closed. Somnigroup reported its fourth quarter and full year results ...

Tempur Sealy (TPX) announced management changes at Mattress Firm. The company recently acquired Mattress Firm, the nation’s largest mattress specialty retailer. John Eck has decided to step down ...