July 2 (Reuters) - The U.S. Federal Trade Commission said on Tuesday it will sue to block the $4 billion merger between mattress manufacturer Tempur Sealy International Inc
and retailer Mattress Firm.
Tempur Sealy had announced the cash-and-stock deal in May 2023, seeking to add Mattress Firm's more than 2,300 brick-and-mortar store locations. The combined company would have about 3,000 stores globally.
(Reporting by Jody Godoy)
((Jody.Godoy@thomsonreuters.com;))
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