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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.
Tempur Sealy this week announced it reached an agreement with Mattress Firm, the nation's largest mattress retailer, to sell lucrative Tempur-Pedic, Stearns & Foster and Sealy-branded mattresses ...
Tempur Sealy bedding products are sold online at more than 700 company-owned stores worldwide, while Mattress Firm, owned by South African retailer Steinhoff International, operates more than ...
Tempur Sealy, which is primarily a mattress maker, will continue to serve third-party retailers as well as Mattress Firm, Dreams and its own direct-to-consumer channel, the company said.
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 ...
Tempur-Pedic will buy rival mattress manufacturer Sealy for $228.6 million in cash, an effort to put concerns about the business to rest. In the deal, Tempur-Pedic will pay $2.20 a share, a 28% ...
Tempur Sealy is paying about $2.7 billion in cash and $1.3 billion in company stock to Mattress Firm shareholders. Mattress Firm will be operated as a separate business unit within the combined ...
When combined with Tempur Sealy, the two will have about 3,000 stores and 30 e-commerce platforms in more than 100 countries, Tempur Sealy said, with about 21,000 employees.
Tempur Sealy will pay about $2.7 billion in cash and $1.3 billion in stock to Mattress Firm, which is partially owned by Steinhoff International Holdings NV.
Tempur Sealy will pay about $2.7 billion in cash and $1.3 billion in stock to Mattress Firm, which is partially owned by Steinhoff International Holdings NV.