The mattress industry awaits a ruling on Tempur Sealy's proposed $4 billion acquisition of Mattress Firm. The Federal Trade Commission (FTC) voted to block the deal, which is now in U.S. Federal Court.
With depositions and closing arguments completed, the decision rests with Judge Charles Eskridge, with the ruling expected before February 9, 2025.
Industry insiders are anxiously awaiting the outcome, as this acquisition could shape the ongoing consolidation in the mattress sector. The decision's timing coincides with the Winter Las Vegas Market, adding to the anticipation.
Source: www.furnituretoday.com