Good day, everyone, and welcome to the Tempur Sealy Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode. Later, you will have the opportunity to ask questions ...

FTC sued to block the deal in April, saying it would eliminate “direct head-to-head competition” between the top two US ...

The US antitrust regulators continued to aggressively challenge transactions and associated Hart-Scott-Rodino (HSR) violations during the ...

Tempur Sealy’s decision to sue the FTC over the agency’s challenge to its acquisition of Mattress Firm is the latest turn in a case that began last summer, when the mattress maker announced it ...

But the FTC said Tuesday in its release that the acquisition would create “enormous power” at multiple parts of the mattress supply chain. By acquiring Mattress Firm, Tempur Sealy would wield ...

Some retailers could get hit hard by policies promised by the president-elect, especially tariffs and taxes, though tax ...

“Mattress Firm’s strong retail presence complements Tempur Sealy’s manufacturing capabilities, facilitating more targeted ...

The Company's agreement to acquire Mattress Firm is already being challenged in federal court by the FTC, with the hearing scheduled to begin on November 12, 2024, and expected to last two weeks.

The US Federal Trade Commission (FTC) intends to file a lawsuit to block a $4 billion deal between Tempur Sealy International Inc. and Mattress Firm Inc. This is reported in the FTC press release.

Antitrust regulators in the Biden administration's FTC have challenged and investigated ... $4 billion merger between Tempur Sealy and Mattress Firm over concerns about its competitive impact.

The company plans to use the proceeds from the recent loan along with other debt proceeds and cash to fund the acquisition of Mattress Firm. Tempur Sealy’s decision to sue the FTC over the ...