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 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 decentralized business units and the largest bedding company in the world.
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 plans to change its name Somnigroup International after officially swallowing up Mattress Firm
Tempur Sealy International completes acquisition of Mattress Firm, rebrands as Somnigroup International Inc, highlighting growth opportunities.
After $5B acquisition, Tempur Sealy rebranding to Somnigroup
Tempur Sealy International, Inc. today announced that it has completed its previously announced acquisition of Mattress Firm Group Inc., the nation's largest mattress specialty retailer.
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.
Tempur Sealy $4B deal for Mattress Firm cleared by federal judge
A federal judge on Friday cleared Tempur Sealy International’s (NYSE:TPX) $4B takeover of Mattress Firm, rejecting the Federal Trade Commission’s claim that the combination would harm consumers. U.S.
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 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
Tempur Sealy completes $5B Mattress Firm acquisition, expands board, plans name change
At the time of the May 2023 announcement, Tempur Sealy said it had already received a so-called "second request" from the Federal Trade Commission, indicating the deal had the pot
Tempur Sealy International (NYSE:TPX) Upgraded to “Outperform” at William Blair
William Blair upgraded shares of Tempur Sealy International (NYSE:TPX – Free Report) from a market perform rating to an ...
Tempur Sealy (TPX) Receives a Rating Update from a Top Analyst
In a report released today, Keith Hughes from Truist Financial maintained a Buy rating on Tempur Sealy (TPX – Research Report). The company’s ...
Why Tempur Sealy International Inc. (TPX) Soared on Monday
Beddings manufacturer Tempur Sealy International Inc. (NYSE:TPX) grew its share prices on Monday by 5.99 percent to finish at ...
Tempur Sealy International (NYSE:TPX) Reaches New 52-Week High After Analyst Upgrade
Shares of Tempur Sealy International, Inc. (NYSE:TPX – Get Free Report) reached a new 52-week high during trading on Tuesday after UBS Group raised their price target on the stock from $67.00 to ...