Mattress Firm will operate under the Somnigroup International umbrella, the new name for the combined Tempur Sealy and Mattress Firm group.
On January 31, 2025, the U.S. District Court for the Southern District of Texas denied the Federal Trade Commission’s request ...
President Donald Trump appointed Andrew Ferguson to lead the Federal Trade Commission. Ferguson, a Republican, has vowed to ...
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A federal court in January denied antitrust regulators’ latest move against the deal, which creates a conglomerate of three ...
A federal judge in Houston denied the Federal Trade Commission’s motion for a preliminary injunction that would have blocked Tempur Sealy's acquisition of Mattress Firm. Update: On Feb. 4 ...
Somnigroup International Inc. ( NYSE: SGI) Q4 2024 Earnings Conference Call February 20, 2025 8:00 AM ET Aubrey Moore - Investor Relations Scott Thompson - Chairman, President and Chief Executive ...
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.
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.
The FTC sued to block the transaction in July, arguing the takeover violates antitrust laws and would reduce options for US mattress buyers. The agency claimed Tempur Sealy would be able to hobble ...