The U.S. Federal Trade Commission (FTC) is preparing to sue to block Tempur Sealy International Inc.'s $4 billion acquisition of Mattress Firm. The FTC's decision, which was unanimously voted 5-0, aims to challenge the vertical merger between the world's largest mattress supplier and manufacturer and the largest U.S. mattress retailer. This move is part of the FTC's broader effort to curb potential anti-competitive practices in the market. Tempur Sealy shares are down 0.4% pre-market.
US to block Tempur Sealy's $4 billion Mattress Firm deal https://t.co/0rfjbiztt3 https://t.co/9Ti9O20pQE
FTC sues to block Tempur Sealy’s acquisition of Mattress Firm I suppose this is what the recent closed-door meeting was about Interesting that the vote was 5-0 In any event, antitrust regulators have historically lost vertical merger challenges Is it different this time? https://t.co/hJKsF6MMkM
*FTC MOVES TO BLOCK TEMPUR SEALY’S ACQUISITION OF MATTRESS FIRM Biden really wants to lose the M&A banker vote
FTC moves to block Tempur Sealy’s acquisition of Mattress Firm. The Commission votes 5-0 to challenge a vertical deal seeking to combine the world’s largest mattress supplier and manufacturer with the largest U.S. mattress retailer: https://t.co/oYnQ58HfbR
FTC moves to block Tempur Sealy’s acquisition of mattress firm. The Commission votes 5-0 to challenge a vertical deal seeking to combine the world’s largest mattress supplier and manufacturer with the largest U.S. mattress retailer: https://t.co/7Ezb16ZO2J
U.S. FTC SUES TO BLOCK TEMPUR SEALY'S PURCHASE OF MATTRESS FIRM, AGENCY SAYS
US to block Tempur Sealy's $4 bln buy of retailer Mattress Firm https://t.co/si0mLSBZGI https://t.co/ogGiAcVD1a
The FTC is preparing to sue to block the $4 billion merger between mattress manufacturer Tempur Sealy International and retailer Mattress Firm, a source familiar with the matter said https://t.co/ogReEc7vVF https://t.co/u9gCuAE0mj
🔵 US TO BLOCK TEMPUR SEALY'S $4 BILLION BUY OF RETAILER MATTRESS FIRM The U.S. Federal Trade Commission is preparing to sue to block the $4 billion merger between mattress manufacturer Tempur Sealy International Inc and retailer Mattress Firm, a source familiar with the matter… https://t.co/nVAnnQqlPx
The US FTC is poised to sue to block Tempur Sealy’s $4 billion proposed deal with Mattress Firm, according to a person familiar with the matter https://t.co/AyejIacdoP
$TPX (-0.4% pre) FTC preparing lawsuit to block Tempur Sealy's $4B acquisition of Mattress Firm - SA https://t.co/bgK2yX6iQj
Time to sue them all! https://t.co/UxUlzGK05a
As soon as tomorrow, the FTC plans to challenge the $4b deal between Tempur Sealy, the largest US mattress maker and Mattress Firm, the largest retailer. https://t.co/GAT8UmsfLi
FTC to sue. https://t.co/baQUwO87o8
Rumors are the closed door meeting on 7.1 for FTC is about Tempur Seely buying Mattress firm As a result $CERE popped Given additional 30 days if no FTC objection might close pretty quick. $ABBV closed another buyout I called $IMGN in ~3 months (but no second request by FTC) https://t.co/FQUx0dwm7p https://t.co/xIhCIP4Y5i