FTC Prevents Tempur Sealy and Mattress Firm Merger Deal
FTC Blocks Tempur Sealy and Mattress Firm's $4 Billion Merger The $4 billion merger between Tempur Sealy International Inc. and Mattress Firm has the U.S. Federal Trade Commission (FTC) announcing it will be blocked. The FTC unanimously voted 5-0 for the decision, citing worries about less competition in the mattress industry. Tempur Sealy had intended to mix its operations with the vast network of more than 2,300 outlets of Mattress Firm. The combination would have produced r
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