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Stock impact report

Tempur Sealy Provides Update on Mattress Firm Acquisition

Tempur Sealy International, Inc. (TPX) 
Last tempur sealy international, inc. earnings: 4/30 06:37 am Check Earnings Report
Company Research Source: PR Newswire
–  Expects FTC to complete its review by the end of the second quarter–  Continues to expect the transaction to close in mid to late 2024 –  Further solidifies key supplier relationships to maintain Mattress Firm's position as a leading multi-branded retailer LEXINGTON, Ky., March 12, 2024 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX, "Company" or "Tempur Sealy") today provided an update with respect to the Company's acquisition of Mattress Firm Group Inc. ("Mattress Firm"). On May 9, 2023, Tempur Sealy signed a definitive agreement to acquire Mattress Firm, the largest mattress specialty retailer in the U.S. The Company continues to work with the Federal Trade Commission ("FTC") to advance the transaction, and now expects that the FTC will complete its review by the end of the second quarter. Consistent with previous expectations, the Company continues to expect the transaction to close in mid to late 2024.Tempur Sealy and Mattress Firm continue to make joint progress Show less Read more
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