Wake Up Call: Cleary, Simpson Thacher Land Mattress Deal Roles

Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel.

• At least three law firms are advising in global bedding company Tempur Sealy International, Inc.’s proposed deal to acquire Mattress Firm Group Inc., a mattress speciality retailer, in a transaction valued at around $4 billion. Cleary Gottlieb is advising Tempur Sealy while Simpson Thacher is advising Mattress Firm on the transaction, which is expected to close in 2024’s second half. (PR Newswire)
• Cleary said its M&A team advising Tempur Sealy includes partners Paul Shim and Kim Spoerri ...