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Tempur-Pedic, Sealy Deal and Antitrust Regulators
March 3,
2013 by in UnCategorized
By Aggregated Content in Bedding on March 4, 2013
from http://www.reuters.com/article/2013/03/04/usa-antitrust-mattresses-idUSL1N0BLCUD20130304?feedType=RSS&feedName=mergersNews
A planned merger of two large U.S. mattress companies will force U.S. antitrust regulators to decide how much concentration they are prepared to allow in this once diffuse market.
Tempur-Pedic Internationa,l an upstart from Kentucky that rules the market for pricey space-age foam mattresses, has offered to pay $242 million for century-old Sealy Corp., taking on about $750 million in Sealy's debt in the process.
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