Tempur Sealy to Become Somnigroup

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 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,
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.
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.
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
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.
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.
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 completes acquisition of Mattress Firm for $5bn
Tempur Sealy initially agreed to acquire Mattress Firm in a deal worth $4bn in 2023. But in 2024 the US Federal Trade Commission voted unanimously to block the deal, citing concer
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 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 United States.
Tempur Sealy price target raised to $74 from $70 at KeyBanc
KeyBanc analyst Bradley Thomas raised the firm’s price target on Tempur Sealy (TPX) to $74 from $70 and keeps an Overweight rating on the ...
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FTC's Bid to Stop Mattress Merger Put to Rest
The Federal Trade Commission’s (FTC’s) failure to obtain a preliminary injunction to block Tempur Sealy’s $4 billion proposed acquisition of ...
Ubiquitous Texas chain Mattress Firm can be bought, judge rules
A federal court in Houston ruled that the acquisition of one of the most iconic and ubiquitous brands in Houston and Texas ...
William Blair upgrades Tempur Sealy on continued market share gains
As previously reported, William Blair upgraded Tempur Sealy (TPX) to Outperform from Market Perform. Management sounded “more positive than it ...
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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 ...