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.
FTC Overplayed Mattress Firm's Clout in Merger Suit, 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 said in an unsealed opinion.
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
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
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 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 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’s $4B Mattress Firm Deal Clears Key Legal Hurdle
A Texas federal judge rejected the Federal Trade Commission’s request to block Tempur Sealy International Inc.’s planned $4 billion acquisition of Mattress Firm Group Inc., clearing the way for the deal to move forward.
Tempur Sealy to Become Somnigroup After Mattress Firm Deal Closes
The world’s largest mattress supplier and manufacturer said its Mattress Firm, Dreams and Tempur Sealy businesses will operate as decentralized units under the Somnigroup umbrella after the name change,
Tempur Sealy acquires Mattress Firm, plans name change to Somnigroup
International, Inc. (NYSE: TPX), currently valued at $11.34 billion by market capitalization, has finalized the acquisition of Mattress Firm Group Inc., the largest specialty mattress retailer in the United States.
Tempur Sealy plans to change its name Somnigroup International after officially swallowing up Mattress Firm
Tempur Sealy International (NYSE:TPX) announced on Wednesday that it has completed its previously announced acquisition of Mattress Firm Group, which is the nation's largest mattress specialty retailer.
JD Supra1h
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 ...
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 ...
Tempur Sealy-Mattress Firm merger to yield sizable cost, revenue synergies - analyst
Tempur Sealy International's successful merger with Mattress Firm leads to record high stock price, with strong revenue and ...
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 MSN2d
Strength Seen in Tempur Sealy (TPX): Can Its 6.0% Jump Turn into More Strength?
Tempur Sealy International, Inc. TPX shares soared 6% in the last trading session to close at $66.92. The move was backed by solid volume with far more shares changing hands than in a normal session.
KeyBanc raises Tempur Sealy stock target to $70 on acquisition news
KeyBanc Capital Markets adjusted its outlook on Tempur Sealy (NYSE:TPX) International, Inc. (NYSE: TPX), increasing its price target from $66.00 to $70.00 while maintaining an Overweight rating. The ...