FTC lawsuit to block Tempur Sealy/Mattress Firm removes overhang – analyst
2024-07-07
AndreyPopov The Federal Trade Commission’s lawsuit on Tuesday to block Tempur Sealy’s (NYSE:TPX) planned $4 billion purchase of Mattress Firm removes an overhang on Tempur Sealy’s stock, according to a Piper Sandler analyst. The regulator issued an administrative complaint and authorized a lawsuit in federal court to prevent the deal,Continue Reading