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 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,
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 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.
Tempur Sealy Cleared to Close Purchase of Mattress Firm
The company said the move follows a federal court ruling which denied the FTC’s request for a preliminary injunction to halt the closing
Brattle Client Mattress Firm Prevails in FTC Challenge Against Merger with Tempur Sealy
In a proposed $5 billion merger between the world's largest mattress supplier and the US's largest retail mattress chain, a Brattle team led by Principal Dr. Jeremy Verlinda provided economic analyses and supported expert testimony on behalf of Mattress Firm regarding the competitive effects and procompetitive efficiencies that could arise from the planned merger.
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.
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.
Tempur Sealy-Mattress Firm merger to yield sizable cost, revenue synergies - analyst
Tempur Sealy International's successful merger with Mattress Firm leads to record high stock price, with strong revenue and cost synergies projected.
Tempur Sealy to change name to Somnigroup, ticker to ‘SGI’
In connection with the closing of its acquisition of Mattress Firm, Tempur Sealy International (TPX) announced it will change its name to
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.
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Tempur Sealy International announces acquisition and name change
Tempur Sealy International , Inc has announced that it has completed its acquisition of Mattress Firm Group Inc. Mattress ...
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Tempur Sealy (TPX) Stock Trades Up, Here Is Why
Shares of bedding manufacturer Tempur Sealy (NYSE:TPX) jumped 5.9% in the morning session after a federal judge cleared the ...