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
DGLimages/iStock via Getty Images Tempur Sealy (NYSE:TPX) seesawed amid a notice for a Federal Trade Commission closed door meeting. The FTC scheduled a close door meeting for Monday at 11am for consideration of a nonpublic law enforcement matter, according to a listing posted Wednesday on the regulator’s website. Some investorsContinue Reading
