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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 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 …
4 days ago · Andrew N. Ferguson is Chairman of the Federal Trade Commission. Chairman Andrew N. Ferguson. Search Show/hide Search menu items. Enter Search Term(s): Looking for legal documents or records? ... Tempur Sealy International, Inc. and Mattress Firm Group Inc., In the Matter of (timeline item) - February 3, 2025. February 3, 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...
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's Clout in Merger Suit, Judge Says
1 day ago · Decision allows Tempur Sealy, Mattress Firm to complete deal FTC failed to establish market, competitive harms, judge says A $4 billion deal between the world’s largest mattress supplier and the US’s biggest mattress specialty retailer doesn’t raise antitrust concerns considering the market realities of the industry, a Texas federal judge ...
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 from the United States District Court for the ...
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 ...
Mattress Firm to be acquired by Tempur Sealy in $4 billion deal
2 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 Closing Mattress Firm Buy After Court Approves Deal
2 days ago · Tempur Sealy International Inc. said it expects to close its $4 billion acquisition of Mattress Firm Inc. on Wednesday, following a Texas federal court ruling allowing their tie-up to proceed. The Federal Trade Commission “indicated that it will not seek emergency relief” from a US appeals court to prevent the merger from closing, Tempur Sealy said in a Tuesday statement.