Texas Judge Clears The Way for Tempur Sealy to Buy Mattress Firm
Furniture World News Desk on
2/1/2025
Bloomberg (www.bloomberg.com) reported that a Texas US District Court judge ruled that the proposed acquisition of Mattress Firm by Temper Sealy, valued at $4 billion, can move ahead despite claims made by the FTC that the the vertical acquisition would harm competition.
The article noted that the FTC has seven days to appeal the ruling. "US District Judge Charles Eskridge ruled Friday in favor of the companies," it explained, "but he said they can’t close the deal until Feb. 7, to allow time for the regulator to consider an appeal. The ruling is a significant defeat for the FTC, which had increased antitrust enforcement under the Biden administration."