Tempur Sealy International Inc. said Tuesday it will acquire privately-held Mattress Firm Inc. in a deal valued at $4 billion. The transaction comes after...
Tempur Sealy International Inc. TPX said Tuesday it will acquire privately-held Mattress Firm Inc. in a deal valued at $4 billion. The transaction comes after Mattress Firm Inc. tabled its initial public offering in January due to market volatility. Tempur Sealy said the deal includes $2.7 billion in cash and $1.3 billion in stock to be issued to Mattress Firm shareholders.
... Tempur Sealy International Inc. TPX said Tuesday it will acquire privately-held Mattress Firm Inc. in a deal valued at $4 billion. The transaction comes after Mattress Firm Inc. tabled its initial public offering in January due to market volatility. Tempur Sealy said the deal includes $2.7 billion in cash and $1.3 billion in stock to be issued to Mattress Firm shareholders.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Patrick Mahomes’ Kentucky Derby message to Mattress Mack after costing gambler ‘millions’Betting against superstar quarterback Patrick Mahomes is likely one of the least profitable moves a sports bettor can make.
Read more »
The Mattress Futures Index: Is the US really going to default on its debt?There is no barometer to gauge whether the U.S. will collide with the debt ceiling, however the 'Mattress Futures Index' could be a good jumping off point.
Read more »
Gallery Furniture, Denny's give away mattresses, breakfast to active military, veteransActive military personnel and military veterans can attend the drive-thru giveaway on May 18 for a chance to get one of 70 free Tempur-Sealy mattresses and 70 free Denny's Grand Slam Breakfasts for one year.
Read more »
Crypto Exchange Bittrex Enters Chapter 11 Bankruptcy Protection Following SEC Lawsuit – Bitcoin NewsBittrex Inc., the U.S.-based cryptocurrency exchange, has filed for Chapter 11 bankruptcy protection in Delaware.
Read more »
Apple loses bid to revive US copyright claims over iOS simulationApple Inc on Monday failed to convince a U.S. appeals court that security startup Corellium Inc infringed its copyrights by simulating its iOS operating system to help researchers find security flaws in Apple devices.
Read more »
Lucid posts quarterly revenue well below estimates as EV price war hits demandElectric vehicle (EV) maker Lucid Group Inc reported first-quarter revenue well below Wall Street estimates on Monday and forecast 2023 production at the lower end of its previous guidance as a price war sparked by Tesla Inc hurt sales.
Read more »