Tempur Sealy to Become Somnigroup

Mattress Firm Tempur Sealy Completes $5 Billion Deal and Then Changes Name
Mattress maker Tempur Sealy International (TPX) has finally put its almost two-year-long $5 billion acquisition of retailer Mattress Firm Group
Tempur Sealy closes $5B Mattress Firm takeover, plans rebrand to Somnigroup
A federal court in January denied antitrust regulators’ latest move against the deal, which creates a conglomerate of three decentralized business units and the largest bedding company in the world.
Tempur Sealy to Become Somnigroup After Mattress Firm Deal Closes
The world’s largest mattress supplier and manufacturer said its Mattress Firm, Dreams and Tempur Sealy businesses will operate as decentralized units under the Somnigroup umbrella after the name change,
Tempur Sealy plans to change its name Somnigroup International after officially swallowing up Mattress Firm
Tempur Sealy International completes acquisition of Mattress Firm, rebrands as Somnigroup International Inc, highlighting growth opportunities.
Brattle Client Mattress Firm Prevails in FTC Challenge Against Merger with Tempur Sealy
In a proposed $5 billion merger between the world's largest mattress supplier and the US's largest retail mattress chain, a Brattle team led by Principal Dr. Jeremy Verlinda provided economic analyses and supported expert testimony on behalf of Mattress Firm regarding the competitive effects and procompetitive efficiencies that could arise from the planned merger.
Tempur Sealy Cleared to Close Purchase of Mattress Firm
The company said the move follows a federal court ruling which denied the FTC’s request for a preliminary injunction to halt the closing
Tempur Sealy completes $5B Mattress Firm acquisition, expands board, plans name change
Lexington, Kentucky-based Tempur Sealy International Inc. (NYSE: TPX) finally completed its $5 billion acquisition of Houston-based Mattress Firm Group Inc. When it was announced in May 2023, the deal was valued at $4 billion.
After $5B acquisition, Tempur Sealy rebranding to Somnigroup
Tempur Sealy International, Inc. today announced that it has completed its previously announced acquisition of Mattress Firm Group Inc., the nation's largest mattress specialty retailer.
Tempur Sealy-Mattress Firm merger to yield sizable cost, revenue synergies - analyst
Tempur Sealy International's successful merger with Mattress Firm leads to record high stock price, with strong revenue and cost synergies projected.
Tempur Sealy to change name to Somnigroup, ticker to ‘SGI’
In connection with the closing of its acquisition of Mattress Firm, Tempur Sealy International (TPX) announced it will change its name to
Tempur Sealy International, Inc.: Tempur Sealy Successfully Completes Acquisition of Mattress Firm
Announces Tempur Sealy International, Inc to Change its Name to Somnigroup International Inc., Reflecting Acceleration of Omni-Channel Strategy- Hosting Business
Houston Chronicle5d
Ubiquitous Texas chain Mattress Firm can be bought, judge rules
U.S. District Judge Charles Eskridge with U.S. Federal Court for the Southern District of Texas ruled in favor of Tempur Sealy in its attempt to purchase Mattress Firm. Eskridge's ruling came down ...
William Blair upgrades Tempur Sealy on continued market share gains
As previously reported, William Blair upgraded Tempur Sealy (TPX) to Outperform from Market Perform. Management sounded “more positive than it ...
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Tempur Sealy (TPX) Stock Trades Up, Here Is Why
Shares of bedding manufacturer Tempur Sealy (NYSE:TPX) jumped 5.9% in the morning session after a federal judge cleared the ...
Tempur Sealy price target raised to $78 from $67 at UBS
UBS raised the firm’s price target on Tempur Sealy (TPX) to $78 from $67 and keeps a Buy rating on the shares. Tempur Sealy ...
Houston's Mattress Firm headed to sale after judge clears transaction
The FTC sued to block the deal, announced in 2023, arguing the acquisition would violate antitrust laws and reduce options for consumers.
Tempur Sealy International Sees Unusually High Options Volume (NYSE:TPX)
Tempur Sealy International, Inc. (NYSE:TPX – Get Free Report) was the target of unusually large options trading on Monday. Traders purchased 7,190 put options on the company. This is an increase of ...