Tempur Sealy to Become Somnigroup
The Business Journals · 1d
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.
YAHOO!Finance · 1d
Tempur Sealy International, Inc. to Change its Name to Somnigroup International Inc.
In connection with the closing of its acquisition of Mattress Firm, Tempur Sealy International, Inc. (NYSE: TPX, "Company" or "Tempur Sealy") today announced it will change its name to Somnigroup International Inc.
MarketWatch · 11h
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.
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