Beau Buffier

2 months ago | jdsupra.com | Angela Brown |Beau Buffier

The Federal Trade Commission’s (FTC’s) failure to obtain a preliminary injunction to block Tempur Sealy’s $4 billion proposed acquisition of Mattress Firm is yet another loss in a string of failed vertical challenges by the agency. The FTC confirmed that it will not appeal the federal court’s decision, and the parties expect to close the transaction this week.