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 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 agreed to buy Mattress Firm in May 2023 for $2.7 billion in cash and about $1.3 billion in stock, after roughly two years of talks between the two sides. The deal, originally set to ...

Tempur Sealy will pay about $2.7 billion in cash and $1.3 billion in stock to Mattress Firm, which is privately held. That reflects the issuance of 34.2 million common shares, based on Monday's ...

Tempur Sealy will persist in its manufacturing role, supplying products to third-party retailers as well as supporting direct-to-consumer channels within Mattress Firm, Dreams and its own operations.

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 privately held. That reflects the issuance of 34.2 million common shares, based on Monday’s ...

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.