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 ...
(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 ...
Trade Comm’n v. Tempur Sealy Int’l, Inc., No. 4:24-CV-02508 (S.D. Tex. Jan. 31, 2025). The FTC declined to seek an injunction pending appeal, allowing the acquisition to close on February 5 ...
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.
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 ...
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 ...
StockNews.com began coverage on shares of Tempur Sealy International (NYSE:TPX – Free Report) in a research note published on Monday morning. The brokerage issued a hold rating on the stock.
Tempur Sealy International, Inc. (NYSE:TPX – Get Free Report) has been given a consensus recommendation of “Buy” by the nine ratings firms that are presently covering the company ...
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 that ...
Wall Street analysts expect Tempur Sealy (TPX) to post quarterly earnings of $0.57 per share in its upcoming report, which indicates a year-over-year increase of 7.6%. Revenues are expected to be ...