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VisitOutcome of FTC lawsuit against Tempur Sealy acquisition?
Acquisition blocked • 33%
Acquisition allowed with conditions • 34%
Acquisition allowed without conditions • 33%
Official FTC announcements and court rulings
FTC Unanimously Votes to Block Tempur Sealy's $4 Billion Acquisition of Mattress Firm
Jul 2, 2024, 03:05 PM
The U.S. Federal Trade Commission (FTC) is preparing to sue to block Tempur Sealy International Inc.'s $4 billion acquisition of Mattress Firm. The FTC's decision, which was unanimously voted 5-0, aims to challenge the vertical merger between the world's largest mattress supplier and manufacturer and the largest U.S. mattress retailer. This move is part of the FTC's broader effort to curb potential anti-competitive practices in the market. Tempur Sealy shares are down 0.4% pre-market.
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FTC successfully blocks the acquisition • 33%
FTC and companies reach a settlement • 33%
Acquisition completes without FTC intervention • 33%
Court rules in favor of FTC • 33%
Court rules in favor of Tempur Sealy • 33%
Case is settled out of court • 33%
Stock price increases • 33%
Stock price decreases • 33%
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FTC wins • 25%
Tapestry wins • 25%
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Case dismissed • 25%
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No decision by end of 2024 • 25%
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Formal charges • 33%
Settlement reached • 33%
Merger blocked • 25%
Merger proceeds • 25%
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Vanguard • 25%
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BlackRock • 25%
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