(Bloomberg) -- 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 ...

On January 31, 2025, the United States District Court for the Southern District of Texas denied the Federal Trade Commission’s (FTC) motion for ...

Since Trump took office, the FTC under Ferguson has moved to block Tempur Sealy's proposed $4 billion acquisition of Mattress Firm, proposed a $4.9 million fine against a payment processing ...

A federal judge in Texas ruled in favor of Tempur Sealy, allowing the merger to go ahead, although the deal cannot be finalized until February 7 to give the FTC time to consider an appeal.

Mattress manufacturing leader Tempur Sealy first announced its plan to purchase retailer Mattress Firm in May 2023. The deal was opposed by the US Federal Trade Commission (FTC), which alleged ...

Despite the approval, the judge ruled that Tempur Sealy and Mattress Firm cannot finalize the acquisition until February 7, allowing time for the FTC to file an appeal. This mattress maker is ...

Piper Sandler analyst Peter Keith raised the firm’s price target on Tempur Sealy (TPX) to $76 from $65 ... the acquisition to proceed. While the FTC has 7 days to appeal, the FTC’s historic ...

The acquisition, which followed a legal victory allowing the merger to proceed despite objections from the Federal Trade Commission, is expected to significantly boost Tempur Sealy's earnings in ...

LEXINGTON, Ky., Feb. 18, 2025 /PRNewswire/ -- Somnigroup International Inc. (NYSE: SGI, "Company" or "Somnigroup"), formerly Tempur Sealy International, today ...

LEXINGTON, Ky., Feb. 5, 2025 /PRNewswire/ -- In connection with the closing of its acquisition of Mattress Firm, Tempur Sealy International, Inc. (NYSE: TPX, "Company" or "Tempur Sealy") today ...