7/2: CBS Morning News 20:16. Tempur Sealy's proposed $4 billion acquisition of Mattress Firm is getting challenged by the Federal Trade Commission, the antitrust agency announced on Tuesday.

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Tempur Sealy is paying about $2.7 billion in cash and $1.3 billion in company stock to Mattress Firm shareholders. Mattress Firm will be operated as a separate business unit within the combined ...

Tempur Sealy claimed that the merger would only benefit consumers by improving the “customer experience” and driving “efficiencies.”. The mattress supplier said it believes a “successful ...

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Tempur Sealy International Inc. agreed to buy Mattress Firm from Steinhoff International Holdings NV in a cash-and-stock deal valued at about $4 billion.