Up and at ‘em: The Tipline for 10 May 2023

The Federal Trade Commission is not letting sleeping deals lie. Tempur Sealy and Mattress Firm only revealed their planned $4 billion merger yesterday, but the agency has been investigating potential competition concerns about the deal since last year, according to Bloomberg. Also in Tipline, the PGA Tour pushes back against a Saudi Arabian government investment firm’s bid to receive presidential treatment.