Retail Dive19h
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 ...
Tempur Sealy's ratings confirmed, outlook steady; senior notes lowered to 'BB-' at S&P Global
International Inc. (Tempur) completed its acquisition of Mattress Firm Group Inc. on Feb. 5, 2024, for a total price of around $5 billion. The deal was financed with roughly $2.7 billion in cash and ...
JD Supra1d
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 ...
Sourcing Journal on MSN1d
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 ...
WKDQ2d
Popular Mattress Manufacturer Closes Southern Indiana Factory
A California-based mattress manufacturer is closing its Southern Indiana factory and laying off more than 100 Hoosier workers ...
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 ...