U.S.’s largest mattress retailer saved by acquisition: ‘Now the world’s largest bedding company’
“We are now the world’s largest bedding company, with superior capabilities in design, manufacturing, distribution and retail ...
Tempur Sealy price target raised to $79 from $73 at BofA
BofA raised the firm’s price target on Tempur Sealy (TPX) to $79 from $73 and keeps a Buy rating on the shares. Following the company’s ...
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A Vertical Merger in a “Horizontal” Market: Court Rejects FTC’s Challenge to Tempur Sealy’s Acquisition of Mattress Firm
On January 31, 2025, the U.S. District Court for the Southern District of Texas denied the Federal Trade Commission’s request ...
Defining a 'Market' Creates Headaches for Antitrust Plaintiffs
Plaintiffs who sue under federal antitrust laws must define a “relevant market” for their allegations, a threshold issue that ...
Temper Sealy Garners FTC Nod on $5 Billion Mattress Firm Deal
Mattress Firm will operate under the Somnigroup International umbrella, the new name for the combined Tempur Sealy and ...
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FTC's Bid to Stop Mattress Merger Put to Rest
The Federal Trade Commission’s (FTC’s) failure to obtain a preliminary injunction to block Tempur Sealy’s $4 billion proposed acquisition of ...
Utility says its equipment likely started a small blaze that erupted during January's LA firestorm
LOS ANGELES (AP) — A California utility said Thursday that its equipment likely sparked a wildfire in Los Angeles that broke ...
Tempur Sealy closes $5B Mattress Firm takeover, plans rebrand to Somnigroup
A federal court in January denied antitrust regulators’ latest move against the deal, which creates a conglomerate of three ...
GlobalData on MSN6d
Tempur Sealy completes acquisition of Mattress Firm for $5bn
Tempur Sealy initially agreed to acquire Mattress Firm in a deal worth $4bn in 2023. But in 2024 the US Federal Trade Commission voted unanimously to block the deal, citing concer ...
FTC Overplayed Mattress Firm Clout in Deal Suit, Judge Says (1)
A deal between the world’s largest mattress supplier and the US’s biggest mattress specialty retailer doesn’t raise antitrust ...
Tempur Sealy completes $5B Mattress Firm acquisition, expands board, plans name change
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Mattress Firm Tempur Sealy Completes $5 Billion Deal and Then Changes Name
Mattress maker Tempur Sealy International (TPX) has finally put its almost two-year-long $5 billion acquisition of retailer ...