WASHINGTON, March 8- Tempur-Pedic International Inc, the Kentucky company which pioneered pricey space-age mattresses, has won approval from antitrust regulators to buy century-old Sealy Corp, the company said on Friday. Tempur-Pedic put the total value of the transaction- stock purchases and acquired debt- at $1.3 billion.
Take a look at some of Friday's midday movers:
*Kentucky upstart goes after former market leader. WASHINGTON, March 4- 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.
*FTC probing Office Depot/ OfficeMax deal, Tesoro refinery buy. WASHINGTON, Feb 28- President Barack Obama is to name Edith Ramirez, once his colleague at the Harvard Law Review, as chairwoman of the Federal Trade Commission, the FTC said on Thursday.
Believe it or not, "Some bedding veterans don't believe that sex should be discussed on the sales floor."