Tempur Sealy's ratings confirmed, outlook steady; senior notes lowered to 'BB-' at S&P Global
International Inc. (Tempur) completed its acquisition of Mattress Firm Group Inc. on Feb. 5, 2024, for a total price of around $5 billion. The deal was financed with roughly $2.7 billion in cash and ...
Retail Dive12h
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 ...
JD Supra14h
FTC's Bid to Stop Mattress Merger Put to Rest
The Federal Trade Commission’s (FTC’s) failure to obtain a preliminary injunction to block Tempur Sealy’s $4 billion proposed acquisition of ...
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 ...