Tempur Sealy drops amid report of meeting with FTC on Mattress Firm; decision may come next week [Seeking Alpha]
Tempur Sealy International, Inc. (TPX)
Last tempur sealy international, inc. earnings: 4/30 06:37 am
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Source: Seeking Alpha
The regulator is expected to make a decision on the transaction as earlier as next week, according to a CTFN report o n Monday, which cited sources familiar with the matter. The individual meetings with FTC commissioners are typically the last step before the regulator makes its determination on a deal. The FTC has several antitrust concerns with the planned deal, which combines Tempur Sealy ( TPX ), the world's largest mattress maker, with Mattress Firm, the biggest U.S. retailer of mattresses. Tempur Sealy ( TPX ), which agreed to buy Mattress Firm in a $4 billion deal in March 2023, has agreed to see off some of its retail stores to try to appease the FTC, according to the report. Tempur Sealy ( TPX ) said in March said it expects the FTC to complete its review of its Mattress Firm acquisition by the end of Q2. Recommended For You More Trending News About TPX Stock Related Stocks Trending Analysis Trending News
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TPX
News
- Tempur Sealy To Divest Stores, Distribution Centers Ahead of FTC Case [Yahoo! Finance]Yahoo! Finance
- Tempur Sealy to Sell Over 100 Stores to Close $4B Mattress Deal [Yahoo! Finance]Yahoo! Finance
- Tempur Sealy to divest stores to finalise $4bn Mattress Firm deal [Yahoo! Finance]Yahoo! Finance
- Tempur Sealy Takes Steps To Get Approval of Its Mattress Firm Deal [Yahoo! Finance]Yahoo! Finance
- Tempur Sealy to divest more than 100 stores in bid to close $4 billion Mattress Firm deal [Yahoo! Finance]Yahoo! Finance
TPX
Earnings
- 8/6/24 - In-Line
TPX
Sec Filings
- 9/23/24 - Form 8-K
- 8/8/24 - Form 10-Q
- 8/6/24 - Form 8-K
- TPX's page on the SEC website