Tempur-Pedic International (TPX) announced Friday morning that the Federal Trade Commission has cleared its planned acquisition of Sealy (ZZ).
Tempur-Pedic gapped open sharply higher Friday, but was range-bound throughout the session. The stock closed up by 2.48 at $45.10 on above average volume. Tempur-Pedic rose above nearly a month and a half long range and set a 9-month high.
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