YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

FTC blocks Tempur Sealy, Mattress Firm deal

Posted online

The Federal Trade Commission voted to block Tempur Sealy's proposed $4 billion purchase of Mattress Firm.

FTC officials said the deal would allow the combined entity “to suppress competition and raise prices for mattresses for millions of consumers."

Tempur Sealy is planning to challenge the decision.

Read more from Retail Dive.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
When Values Collide: Navigating politics in the workplace

Should we be talking about politics in the workplace? Whatever one’s opinion on the practice, a February study by Gallup Inc. says 54% of on-site U.S. employees are doing it anyway.

Most Read
SBJ.net Poll
Who won the vice presidential debate?

*

View results

Update cookies preferences