FTC Sues Tapestry Over Mattress Firm Acquisition, Vizio Stock Reacts with a Decline
Tuesday, 2 July 2024, 19:52
FTC Lawsuit over Acquisition
The Federal Trade Commission (FTC) has filed a lawsuit to prevent Tapestry from acquiring Mattress Firm for $4 billion.
Stock Reacts
Vizio's stock price has dropped in response to the legal challenge.
Market Reactions
- Investors are closely monitoring the developments.
- The lawsuit has sparked uncertainty in the market.
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