FTC denied injunction to halt closing of Tempur Sealy deal for Mattress Firm

An Opinion and Order issued by the U.S. District Court for the Southern District of Texas dated January 31 was entered under seal, denying the motion by the Federal Trade Commission for a preliminary injunction that would halt the closing of the proposed acquisition of Mattress Firm Group Inc by Tempur Sealy (TPX) International. “The Opinion and Order was entered under seal because a large array of confidential and proprietary information was submitted during these proceedings as derived from Tempur Sealy, Mattress Firm, and a number of other participants in the mattress industry. It is anticipated that a redacted version will be made available on the public record on February 4,” the order of the court noted.