A PYMNTS Company

U.S.: Extension of waiting period for mattress merger

By  |  November 9, 2012

Tempur-Pedic has extended its waiting period to the end of the month by refilling paperwork to the Federal Trade Commission in its efforts to acquire Sealy Corp. The mattress companies may merge for a deal of $229 million. Tempur-Pedic has acknowledged the waiting period may be extended again if the FTC requests additional information. The companies announced plans of the merger last September, stating the two would continue to operate separately if the deal goes through. Sealy’s deadline to offer a “superior proposal” has expired at this time.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: Market Watch

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.