Mattress maker Tempur Sealy has agreed to buy the nation’s largest bedding retailer Mattress Firm in a roughly $4 billion deal, the companies announced Tuesday.

In May 2023, Tempur Sealy – the world’s largest mattress supplier and manufacturer – agreed to buy the United States’ largest bedding retailer in a roughly $4 billion deal.

What happened. Shares of mattress company Purple Innovation (PRPL-4.14%) dropped on Tuesday after fellow mattress company Tempur Sealy (TPX-1.49%) announced it was acquiring mattress retailer ...

In a separate release today, the Company announced it will change its name to Somnigroup International Inc., effective February 18, 2025. Mattress Firm, Dreams and Tempur Sealy will operate as ...

7/2: CBS Morning News 20:16. Tempur Sealy's proposed $4 billion acquisition of Mattress Firm is getting challenged by the Federal Trade Commission, the antitrust agency announced on Tuesday.

This weakened any argument that Tempur Sealy could meaningfully constrain competition by limiting access to Mattress Firm. Tempur Sealy’s past separation from Mattress Firm (2017–2019) also ...

With more than 320 stores, Mattress Warehouse is looking to accelerate its growth, reaching 500 stores by 2027, according to its website. The company is based in Fredrick, Md. Tempur Sealy said it ...

Tempur Sealy’s top executive wrote comments on the cover of a May 2022 presentation about the deal saying that buying Mattress Firm would “eliminate future competition” and “block new ...