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,
Tempur Sealy closes $5B Mattress Firm takeover, plans rebrand to Somnigroup
A federal court in January denied antitrust regulators’ latest move against the deal, which creates a conglomerate of three decentralized business units and the largest bedding company in the world.
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.
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
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.
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.
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 to change name to Somnigroup, ticker to ‘SGI’
In connection with the closing of its acquisition of Mattress Firm, Tempur Sealy International (TPX) announced it will change its name to
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 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
JD Supra7h
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 ...
Tempur Sealy's ratings confirmed, outlook steady; senior notes lowered to 'BB-' at S&P Global
Tempur's $1.6 billion senior secured term loan B was also assigned a 'BBB-' issue-level rating. The recovery rating is '1', indicating a very high recovery expectation of 90%-100%. Both tranches of ...
Zacks.com on MSN2d
Strength Seen in Tempur Sealy (TPX): Can Its 6.0% Jump Turn into More Strength?
Tempur Sealy (TPX) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings ...
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 ...
Tempur Sealy price target raised to $78 from $67 at UBS
UBS raised the firm’s price target on Tempur Sealy (TPX) to $78 from $67 and keeps a Buy rating on the shares. Tempur Sealy ...
Houston's Mattress Firm headed to sale after judge clears transaction
The FTC sued to block the deal, announced in 2023, arguing the acquisition would violate antitrust laws and reduce options for consumers.
bovnews2d
Why Did Wedbush Give Tempur Sealy International Inc (TPX) Stock Outperform Rating?
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 3.76% of ...