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Tempur Sealy International said it has taken steps to get its planned takeover of rival Mattress Firm approved by regulators. The FTC has challenged the $4 billion deal, arguing it would limit ...
FTC unanimously votes to block $4B Tempur Sealy, Mattress Firm merger By Taylor Herzlich Published July 2, 2024, 5:35 p.m. ET ...
The deal would also enable Tempur Sealy's mattress brands — which include Stearns & Foster and Tempur-Pedic — to dominate the market over those of its competitors, the FTC said.