Tempur Sealy emphasized its belief in the “procompetitive rationale” for the transaction and expressed confidence in a successful litigation process. The company anticipates that litigation could be completed by late 2024 or early 2025, allowing the transaction to proceed.
The FTC’s legal action against Tempur Sealy’s acquisition of Mattress Firm underscores the regulatory increased scrutiny facing large mergers. The outcome of this lawsuit will significantly impact the mattress industry and set a precedent for future mergers and acquisitions.
