Tempur Sealy's Acquisition Strategy
Tempur Sealy International, a leading mattress manufacturer, is pursuing a strategic acquisition of Mattress Firm in a $4-billion deal. According to documents unsealed by a Texas judge, this move is aimed at "eliminating future competition" and "blocking potential competitors." This revelation came from a May 2022 presentation by the company's CEO, though the executive was not named in the documents.
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