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VisitWill Tempur Sealy complete acquisition of Mattress Firm by end of 2024?
Yes • 50%
No • 50%
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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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Acquisition blocked • 33%
Acquisition allowed with conditions • 34%
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Stock price increases • 33%
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Case is settled out of court • 33%
Court rules in favor of Tempur Sealy • 33%
Court rules in favor of FTC • 33%