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Will Tempur Sealy and Mattress Firm settle with FTC by end of 2024?
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Resolution / Starting Odds
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Official announcement from FTC or company press releases
Story
FTC to Challenge Tempur Sealy's $4 Billion Acquisition of Largest Mattress Retailer Mattress Firm
Jul 2, 2024, 02:31 PM
The US Federal Trade Commission (FTC) is preparing to challenge Tempur Sealy International Inc.'s $4 billion acquisition of Mattress Firm. The FTC plans to sue to block the merger, according to sources familiar with the matter. Tempur Sealy is the largest mattress manufacturer in the US, while Mattress Firm is the largest mattress retailer. The challenge is expected to be filed as soon as tomorrow.
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