The Federal Trade Commission (FTC) announced Tuesday that it will file a lawsuit to block the proposed $4 billion merger between mattress manufacturer Tempur Sealy and retailer Mattress Firm that ...
According to documents recently made public by the judge, Tempur Sealy chief executive officer Scott Thompson had noted in a May 2022 presentation that acquiring Mattress Firm wou ...
Tempur Sealy has made it abundantly clear that its acquisition of Mattress Firm is intended to kneecap competitors and dominate the market,” said Henry Liu, Director of the FTC’s Bureau of ...
Mattress Firm is headquartered in Houston, which also falls under the jurisdiction of the conservative U.S. Court of Appeals for the Fifth Circuit that upheld a similar FTC action opposing ...
Amid a drop in Q2 sales, Scott Thompson said the company has agreements with Mattress Firm suppliers that will go into effect after the deal’s closing.
red down pointing triangle proposed $4 billion acquisition of Mattress Firm due to competition and pricing concerns, challenging a bedding deal years in the making. On Tuesday, the FTC said it ...
This means in essence that, unless a federal appeals court reverses Judge Brown’s decision—and we are admittedly only at the ...
NEW YORK (AP) — The Federal Trade Commission has unanimously voted to bring a lawsuit against mattress maker Tempur Sealy to block its $4 billion acquisition of Mattress Firm, saying the deal ...
Mattress Firm has partnered with DoorDash to offer on-demand two-hour delivery of mattresses and bedding accessories from its ...
But the FTC said Tuesday in its release that the acquisition would create “enormous power” at multiple parts of the mattress supply chain. By acquiring Mattress Firm, Tempur Sealy would wield ...