Tempur Sealy to Become Somnigroup

Tempur Sealy closes $5B Mattress Firm takeover, plans rebrand to ‘Somnigroup’
A federal court in January denied antitrust regulators’ latest move against the deal, which creates a conglomerate of three decentralized business units and the largest bedding company in the world.
Tempur Sealy acquires Mattress Firm, plans name change to Somnigroup
International, Inc. (NYSE: TPX), currently valued at $11.34 billion by market capitalization, has finalized the acquisition of Mattress Firm Group Inc., the largest specialty mattress retailer in the United States.
Mattress Firm Tempur Sealy Completes $5 Billion Deal and Then Changes Name
Mattress maker Tempur Sealy International (TPX) has finally put its almost two-year-long $5 billion acquisition of retailer Mattress Firm Group
Tempur Sealy completes $5B Mattress Firm acquisition, expands board, plans name change
Lexington, Kentucky-based Tempur Sealy International Inc. (NYSE: TPX) finally completed its $5 billion acquisition of Houston-based Mattress Firm Group Inc. When it was announced in May 2023, the deal was valued at $4 billion.
Truist lifts Tempur Sealy stock target to $72 on Mattress Firm deal
Tempur Sealy International Inc.'s (NYSE:TPX) shares are poised for growth as Truist Securities increases its price target to $72 from $69 while maintaining a Buy rating. Trading at $66.76 and near its 52-week high,
Tempur Sealy plans to change its name Somnigroup International after officially swallowing up Mattress Firm
Tempur Sealy International completes acquisition of Mattress Firm, rebrands as Somnigroup International Inc, highlighting growth opportunities.
After $5B acquisition, Tempur Sealy rebranding to Somnigroup
Tempur Sealy International, Inc. today announced that it has completed its previously announced acquisition of Mattress Firm Group Inc., the nation's largest mattress specialty retailer.
FTC denied injunction to halt closing of Tempur Sealy deal for Mattress Firm
An Opinion and Order issued by the U.S. District Court for the Southern District of Texas dated January 31 was entered under seal, denying the
Tempur Sealy to Become Somnigroup After Mattress Firm Deal Closes
The world’s largest mattress supplier and manufacturer said its Mattress Firm, Dreams and Tempur Sealy businesses will operate as decentralized units under the Somnigroup umbrella after the name change,
Temper Sealy Garners FTC Nod on $5 Billion Mattress Firm Deal
Mattress Firm will operate under the Somnigroup International umbrella, the new name for the combined Tempur Sealy and Mattress Firm group.
Tempur Sealy completes acquisition of Mattress Firm for $5bn
Tempur Sealy initially agreed to acquire Mattress Firm in a deal worth $4bn in 2023. But in 2024 the US Federal Trade Commission voted unanimously to block the deal, citing concer
Furniture News5h
Name change for expanded bed industry giant
On a pro forma basis for the acquisition of Mattress Firm, the company generated approximately $8b in sales over 2024, net of ...
Houston Chronicle4d
Ubiquitous Texas chain Mattress Firm can be bought, judge rules
U.S. District Judge Charles Eskridge with U.S. Federal Court for the Southern District of Texas ruled in favor of Tempur Sealy in its attempt to purchase Mattress Firm. Eskridge's ruling came ...
Seeking Alpha5d
Tempur Sealy $4B deal for Mattress Firm cleared by federal judge (update)
A federal judge on Friday cleared Tempur Sealy International’s (NYSE:TPX) $4B takeover of Mattress Firm, rejecting the Federal Trade Commission’s claim that the combination would harm consumers.
Mint5d
Tempur Sealy Cleared to Buy Mattress Firm in Blow to FTC
(Bloomberg) -- Tempur Sealy International Inc. was cleared to move forward with its $4 billion acquisition of Mattress Firm Inc. after a federal judge in Texas rejected a claim by the US Federal ...