Retail Dive9h
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 ...
Furniture News11h
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 ...
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 ...
Lane Report1d
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 ...
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 ...
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 ...