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Tempur Sealy, which is primarily a mattress maker, will continue to serve third-party retailers as well as Mattress Firm, Dreams and its own direct-to-consumer channel, the company said.
Shares of bedding manufacturer Tempur Sealy (NYSE:TPX) jumped 5.9% in the morning session after a federal judge cleared the way for its (Tempur-Sealy's) merger with Mattress Firm.
Tempur Sealy (TPX) and Mattress Firm are offering concessions to address the FTC's opposition to its $4B merger. Read more here.
Tempur Sealy (TPX) delivered earnings and revenue surprises of 1.23% and 0.54%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?
If the overall deal goes through, Tempur Sealy would sell 176 stores to rival Mattress Warehouse and operate over 2,800 retail stores worldwide.
Tempur Sealy International said it has taken steps to get its planned $4 billion takeover of rival Mattress Firm approved by regulators.
Tempur Sealy International said on Monday it plans to sell more than 100 stores in a bid to get regulatory approval for its $4 billion deal with Mattress Firm.
7/2: CBS Morning News Tempur Sealy's proposed $4 billion acquisition of Mattress Firm is getting challenged by the Federal Trade Commission, the antitrust agency announced on Tuesday.
Based on years of experience and countless interviews, our mattress expert offers advice for choosing a mattress that fits your personal preferences.
Mattress giant Tempur Sealy announced Tuesday it is acquiring Mattress Firm, the nation's largest mattress retailer, for approximately $4 billion in cash and stocks.