FTC Moves to Block Tempur Sealy’s Acquisition of Mattress Firm
Jul 2, 2024 · The Federal Trade Commission voted unanimously 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 …
Jul 2, 2024 · The Commission issued an administrative complaint and authorized a lawsuit in federal court to block the acquisition, alleging that Tempur Sealy—the world’s largest mattress supplier and manufacturer—will have the ability and incentive to suppress competition and raise prices for mattresses for millions of consumers once it acquires ...
Tempur Sealy International, Inc. and Mattress Firm Group Inc., In …
6 days ago · 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) - February 4, 2025.
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
6 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 from the United States District Court for the ...
FTC unanimously moves to block Tempur Sealy's purchase of Mattress Firm …
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)
4 days ago · Decision allows Tempur Sealy, Mattress Firm to complete deal; FTC failed to establish market, competitive harms, judge says ... 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.
Tempur Sealy's $4 billion purchase of Mattress Firm challenged by FTC …
Jul 2, 2024 · The FTC unanimously voted to go to federal court to stop the country's biggest mattress maker from merging with the largest bedding retailer, saying the combined company would have "the ability...
Mattress Firm to be acquired by Tempur Sealy in $4 billion deal
5 days ago · A federal judge has cleared the way for the $4 billion sale of Houston-based Mattress Firm to longtime supplier Tempur Sealy International. The deal was set to close Wednesday. U.S. District Judge ...
Tempur Sealy Cleared to Buy Mattress Firm in Blow to FTC
Feb 1, 2025 · 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 Trade Commission ...