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Mattress Firm, Tempur Sealy
Brattle Client Mattress Firm Prevails in FTC Challenge Against Merger with Tempur Sealy
In a proposed $5 billion merger between the world's largest mattress supplier and the US's largest retail mattress chain, a Brattle team led by Principal Dr. Jeremy Verlinda provided economic analyses and supported expert testimony on behalf of Mattress Firm regarding the competitive effects and procompetitive efficiencies that could arise from the planned merger.
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 Mattress Firm group.
Tempur Sealy Cleared to Close Purchase of Mattress Firm
The company said the move follows a federal court ruling which denied the FTC’s request for a preliminary injunction to halt the closing
Tempur Sealy completes $5B Mattress Firm acquisition, expands board, plans name change
Lexington, Kentucky-based Tempur Sealy International Inc. (NYSE: TPX) finally completed its $5 billion acquisition of Houston-based Mattress Firm Group Inc. When it was announced in May 2023, the deal was valued at $4 billion.
FTC denied injunction to halt closing of Tempur Sealy deal for Mattress Firm
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
Tempur Sealy Cleared to Buy Mattress Firm in Blow to FTC
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 that the deal would hurt consumers.
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 concerns considering the market realities of the industry, a Texas federal judge said in an unsealed opinion.
Tempur Sealy sees Mattress Firm acquisition closing tomorrow
Tempur Sealy (TPX) announced that it expects to close its previously announced acquisition of Mattress Firm on Wednesday, February 5. This
Tempur Sealy $4B deal for Mattress Firm cleared by federal judge (update)
Federal judge clears Tempur Sealy's $4B takeover of Mattress Firm. FTC's claim rejected. Companies cannot close deal until Feb.
Tempur Sealy stock rises following FTC case win
International Inc. (NYSE: TPX) rose 2% after the company received clearance to proceed with its $4 billion acquisition of Mattress Firm, marking a significant win against the US Federal Trade Commission's (FTC) antitrust concerns.
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 Mattress Firm Group
JD Supra
19h
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 ...
4d
on MSN
Ubiquitous Texas chain Mattress Firm can be bought, judge rules
A federal court in Houston ruled that the acquisition of one of the most iconic and ubiquitous brands in Houston and Texas ...
Zacks.com on MSN
3d
Strength Seen in Tempur Sealy (TPX): Can Its 6.0% Jump Turn into More Strength?
Tempur Sealy (TPX) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings ...
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