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Bedding provider Tempur Sealy has agreed to acquire Mattress Firm in a cash-and stock-transaction valued at about $4 billion, the companies said.

Bedding provider Tempur Sealy has agreed to acquire Mattress Firm in a cash-and stock-transaction valued at about $4 billion, the companies said Tuesday.

Bedding provider Tempur Sealy has agreed to acquire Mattress Firm in a cash-and stock-transaction valued at about $4 billion, the companies said Tuesday.

Tempur Sealy said Mattress Firm will operate as a separate business within the company to complement product development and manufacturing.

Tempur Sealy has agreed to acquire Mattress Firm in a cash-and-stock transaction valued at about $4 billion

After the acquisition is complete, Mattress Firm is set to operate as a separate business unit within Tempur Sealy.

Tempur Sealy has agreed to acquire Mattress Firm in a cash-and-stock transaction valued at about $4 billion. The companies said Tuesday they expect to complete the transaction in the second half of 2024.

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Tempur Sealy has agreed to acquire Mattress Firm in a cash-and-stock transaction valued at about $4 billion

The industry’s largest bedding supplier Tempur Sealy International  has signed an agreement to buy the industry’s largest sleep retailer Mattress Firm in a stock-and-cash deal