Scott Olson/Getty Images News Vizio (NYSE:VZIO), which agreed to sell itself to Walmart (WMT) in February, edged lower by 1.2% as the Federal Trade Commission sued to block Tempur Sealy’s (TPX) sale to Mattress Firm. Earlier Tuesday, the FTC sued to block mattress maker Tempur Sealy’s (TPX) planned $4 billionContinue Reading
LD Tempur Sealy International (NYSE:TPX) provided a statement to Seeking Alpha regarding the Federal Trade Commission challenging the proposed merger of the company with Mattress Firm Group Inc. “Tempur Sealy has been working constructively with the FTC to secure regulatory approval for this transaction and is disappointed that the FTCContinue Reading
JHVEPhoto/iStock Editorial via Getty Images Update 1:20pm: Updates shares, adds Tempur Sealy response. The Federal Trade Commission sued to block mattress maker Tempur Sealy’s (NYSE:TPX) planned $4 billion purchase of retailer Mattress Firm. Tempur Sealy rose 2.4% The regulator issued an administrative complaint and authorized a lawsuit in federal courtContinue Reading
