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Tempur Sealy continues to expect FTC decision on Mattress Firm buyout in the second quarter; willing to litigate if necessary

( May 8, 2024, 12:29 GMT | Official Statement) -- MLex Summary: Tempur Sealy continues to expect a decision from the US Federal Trade Commission on its proposed acquisition of Mattress Firm by the end of second quarter, the company said in an earnings call with investors. Tempur said it gave the FTC additional time because the conversations with officials have been constructive and productive. It said, however, it is willing to go through litigation if it has to and it should still be able to close by year-end, even if it needs to fight for the transaction in court.Extract....

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