FTC unanimously moves to block $4 billion merger of mattress giants
In May, Tempur Sealy – the world’s largest mattress supplier and manufacturer – agreed to buy the United States’ largest bedding retailer in a roughly $4 billion deal.
The FTC authorized a lawsuit in federal court to block the acquisition.
This is breaking news and will be updated.
Tempur Sealy's proposed acquisition of the largest bedding retailer in the United States could significantly impact the overall business landscape within the industry. Despite the authorization of a lawsuit to block the acquisition, the final outcome of the deal remains uncertain for the mattress supply and retail business.
