FTC unanimously moves to block $4 billion merger of mattress …
WEBJul 2, 2024 · The Federal Trade Commission unanimously voted to block mattress maker Tempur Sealy’s purchase of Mattress Firm on Tuesday. In May 2023, Tempur Sealy – the world’s largest mattress...
FTC Moves to Block Tempur Sealy’s Acquisition of Mattress Firm
WEBJul 2, 2024 · The Commission issued an administrative complaint and authorized a lawsuit in federal court to block the acquisition, alleging that Tempur Sealy—the world’s largest mattress supplier and manufacturer—will have the ability and incentive to suppress competition and raise prices for mattresses for millions of consumers once it acquires ...
US to block Tempur Sealy's $4 billion Mattress Firm deal
WEBJul 2, 2024 · The U.S. Federal Trade Commission said on Tuesday it will sue to block the $4 billion merger between mattress manufacturer Tempur Sealy International Inc and retailer Mattress Firm.
FTC unanimously moves to block Tempur Sealy's purchase of Mattress Firm …
WEBJul 2, 2024 · 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 would allow the world’s largest mattress supplier to suppress competition that would result in higher prices for shoppers.
Tempur Sealy's $4 billion purchase of Mattress Firm challenged …
WEBJul 2, 2024 · The FTC unanimously voted to go to federal court to stop the country's biggest mattress maker from merging with the largest bedding retailer, saying the combined company would have "the ability...
US FTC votes to block Tempur Sealy’s $4bn Mattress Firm deal
WEBJul 3, 2024 · The US Federal Trade Commission (FTC) has unanimously voted to block the proposed $4bn acquisition of Mattress Firm by Tempur Sealy. The two companies entered an agreement to the deal in May...
FTC case challenging $4 billion mattress merger draws veteran …
WEBJul 3, 2024 · A closely-watched lawsuit seeking to block Tempur Sealy’s $4.3 billion acquisition of retail giant Mattress Firm will pit veteran antitrust defenders against a U.S. Federal Trade Commission...
FTC Bid to Stop Mattress Deal Puts Spotlight on Vertical Mergers
WEBJul 9, 2024 · The Federal Trade Commission’s suit to block Tempur Sealy International Inc.‘s plans to purchase Mattress Firm for $4 billion will provide insights into how courts evaluate vertical deals between two firms at different levels of the supply chain.
FTC Will Sue to Block Tempur Sealy’s Mattress Firm Buy
WEBJul 2, 2024 · The US Federal Trade Commission will sue to block Tempur Sealy International Inc. ’s $4 billion proposed deal with Mattress Firm Inc. The agency on Tuesday announced that it had unanimously...
Tempur Sealy Provides Update on Mattress Firm Acquisition
WEBMar 12, 2024 · On May 9, 2023, Tempur Sealy signed a definitive agreement to acquire Mattress Firm, the largest mattress specialty retailer in the U.S. The Company continues to work with the Federal Trade...
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