Tempur Sealy's proposed $4 billion acquisition of Mattress Firm is getting challenged by the Federal Trade Commission, the antitrust agency announced on Tuesday. The FTC unanimously voted to go to ...

The Federal Trade Commission unanimously voted to block mattress maker Tempur Sealy’s purchase of Mattress Firm on Tuesday. In May 2023, Tempur Sealy – the world’s largest mattress supplier ...

The FTC sued to block the deal, announced in 2023, arguing the acquisition would violate antitrust laws and reduce options for consumers. Mattress Firm, founded in 1986 in a Sharpstown strip ...

Tempur Sealy sees its acquisition of Mattress Firm as integral to its long-term growth and preventing the deal from moving forward would cause both companies substantial financial harm, they said ...

The FTC argued that the merger would reduce competition by enabling Tempur Sealy to disadvantage rival mattress brands at Mattress Firm retail locations, thereby limiting consumer choice and ...

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Tempur Sealy and Mattress Firm Group are seeking an injunction in federal court for the Southern District of Texas to stop Federal Trade Commission administrative proceedings that seek to block ...

July 3 (Reuters) - A closely-watched lawsuit seeking to block Tempur Sealy’s $4.3 billion acquisition of retail giant Mattress Firm will pit veteran antitrust defenders against a U.S. Federal ...

Tempur Sealy and Mattress Firm on Tuesday asked a federal judge in Texas to issue a preliminary injunction to halt a Federal Trade Commission court proceeding set to start Tuesday. The FTC is ...