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The world s largest bedding manufacturer, Tempur Sealy, announced Tuesday that it is buying Mattress Firm in a deal v
stanley cupe alued at about $4 billion.Founded in 1986, Mattress Firm is the largest bedding retailer in the U.S. with over 2,300 brick-and-mortar retail locations and a growing e-commerce business.Together, Tempur Sealy and Mattress Firm s combined global footprint will include roughly 3,000 retail stores, 30 e-commerce platforms, 71 manufacturing facilities, and four research and development facilities worldwide. The companies will also combine forces, building a global workforce of more than 21,000 employees.Tempur Sealy said Mattress Firm will operate as a separate business within the company to complement product development and manufacturing capabilities.SEE MORE: Pfizer buys cancer therapy specialist Seagen for $43B This transaction advances all four of our key long-term initiatives: to develop the highest quality bedding products, promote brands with compelling marketing, optimize our diverse omnichannel distribution platform, and drive EPS earnings per share growth, Tempur Seal
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stanley cup man and CEO Scott Thompsonsaid in a statement. This acquisition will make Tempur Sealy more competitive by bringing us closer to consumers and facilitating continued innovation. Mattress Firm president and CEO John Eck added that the merger will increase both companies ability to better address consumers needs and drive growth. Tempur Sealy will pay Mattress Firm about $2.7 billio Wpcg Comedian Maria Bamford uses laughter as mental health medicine
It is considered one of the greatest rivalries in all of sports, but one California man took the game too far.Daniel Lee Rippy, 29, of Livermore, Calif., was sentenced to one-year in federal prison after pleading guilty to making an interstate threat. Federal law enforcement officials say Rippy threatened members of the Ohio State football team during the 2018 game against Michigan.According to the DOJ, Rippy directed death threats toward Ohio State players and then head coach Urban Meyer through Facebook. Rippy also threatened at shooting at Ohio State University. He was originally arrested in December 2019, and was summoned to appear. When he failed to appear, he was arrested again and US Marshals extradited him to Ohio to face charges. In the middle of Ohio States annual rival game with the University of Michigan and with more than 100,000 fans in the stadium, law
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stanley cup oting, said U.S. Attor
stanley cups uk ney David M. DeVillers. Because of Rippy, law enforcement officials at the stadium were placed on high alert and re-allocated resources to investigate the threat. His words are not without consequence, as illustrated by todays sentence of imprisonment.
