Tempur Sealy to sell 73 Mattress Firm stores, divest its Sleep Outfitters subsidiary, to get FTC nod on its $4 billion ...

If the overall deal goes through, Tempur Sealy would sell 176 stores to rival Mattress Warehouse and operate over 2,800 retail stores worldwide.

will acquire 73 Mattress Firm locations plus Sleep Outfitters’ 103 specialty mattress retail locations and seven distribution centers. Hearings on the FTC’s challenge are scheduled to begin ...

By the end of the fourth year after closing the Mattress Firm acquisition, Tempur Sealy expects to achieve annual cost savings of $100 million. The FTC’s lawsuit is ongoing, and hearings are ...

It is expected to close approximately one quarter after the closing of the Mattress Firm transaction. Company Chairman and CEO Scott Thompson commented, "As part of our engagement with the FTC on ...

David Paul Morris / Bloomberg via Getty Images Tempur Sealy International said it has taken steps to get its planned takeover of rival Mattress Firm approved by regulators. The FTC has challenged ...

The FTC voted to block the deal in July, saying a vertical acquisition of Mattress Firm would allow Tempur Sealy to suppress competition and raise mattress prices for millions of customers.

1727 ET - Tempur Sealy still faces an uphill fight to acquire Mattress Firm after it said on Monday ... indication of a higher likelihood from the FTC of allowing the deal to close, but more ...

Tempur Sealy International, Inc. (NYSE: TPX, "Company" or "Tempur Sealy") today filed a complaint in the United States District Court for the Southern District of Texas (the "Southern District of ...

A group of banks led by Wells Fargo & Co. sold a $1.6 billion leveraged loan Friday to help fund Tempur Sealy International ...

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 ...

The FTC declined to comment. As of July, according to documents filed in the FTC’s case, Mattress Firm ran about 2,300 brick-and-mortar stores, and Tempur Sealy owned about 99 Tempur-Pedic and ...