FTC Moves to Block Tempur Sealy’s Acquisition of Mattress Firm
Jul 2, 2024 · 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 their access to Mattress Firm’s stores, the FTC alleges in the complaint.
Tempur Sealy International, Inc. and Mattress Firm Group Inc., In …
Jul 2, 2024 · The Federal Trade Commission moved to block Tempur Sealy International, Inc.’s (Tempur Sealy) proposed $4 billion acquisition of Mattress Firm Group Inc. (Mattress Firm).
Tempur Sealy International, Inc. and Mattress Firm Group Inc., In …
Jan 14, 2025 · Andrew N. Ferguson is Chairman of the Federal Trade Commission. Tempur Sealy International, Inc. and Mattress Firm Group Inc., In the Matter of (timeline item) - January 14, 2025.
Temper Sealy Garners FTC Nod on $5 Billion Mattress Firm Deal
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. The ...
FTC denied injunction to halt closing of Tempur Sealy deal for …
4 days ago · An Opinion and Order issued by the U.S. District Court for the Southern District of Texas dated January 31 was entered under seal, denying the motion by the Federal Trade Commission for a ...
FTC unanimously moves to block $4 billion merger of mattress giants - CNN
Jul 2, 2024 · The Federal Trade Commission unanimously voted to block mattress maker Tempur Sealy’s purchase of Mattress Firm on Tuesday. In May 2023, Tempur Sealy – the world’s largest mattress...
Tempur Sealy Cleared to Close Acquisition of Mattress Firm
3 days ago · LEXINGTON, Ky., Feb. 4, 2025 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX, "Company" or "Tempur Sealy") announced today that it expects to close its previously announced acquisition of Mattress Firm Group Inc. ("Mattress Firm"), the nation's largest mattress specialty retailer, on Wednesday, February 5, 2025.This follows the ruling …
Tempur Sealy's $4 billion purchase of Mattress Firm challenged by FTC …
Jul 2, 2024 · Tempur Sealy has shown it plans to curtail competitors' access to Mattress Firm's nationwide network of stores, significantly impairing their ability to compete, the FTC said.
FTC unanimously moves to block Tempur Sealy’s purchase of …
Jul 2, 2024 · 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 allow the world’s largest mattress supplier to suppress competition that would result in higher prices for shoppers.
FTC Overplayed Mattress Firm Clout in Deal Suit, Judge Says (1)
1 day ago · The Federal Trade Commission alleged Tempur Sealy International Inc.’s purchase of Mattress Firm would lead the combined firm to stifle competition and raise prices in the market for premium mattresses. The agency supported its case with records showing that Tempur Sealy executives saw Mattress Firm as a ...