Tempur-Pedic Closes on Sealy Buyout

Tempur-Pedic has completed its $228.6 million acquisition of rival mattress maker Sealy, and will seek stockholder approval to change its name to Tempur Sealy International at its annual shareholders meeting in May.
Tempur-Pedic has completed its $228.6 million acquisition of rival mattress maker Sealy, and will seek stockholder approval to change its name to Tempur Sealy International at its annual shareholders meeting in May.