Tempur Sealy International Inc: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Ford Investor Services, Inc.
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Tempur-Pedic International Inc Announces Completion Of Acquisition Of Sealy Corporation; Announces Name Change
Tempur-Pedic International Inc announced that it completed its previously announced acquisition of Sealy Corporation (Sealy) . The Company also announced that it intends to change its corporate name to Tempur Sealy International, Inc. The Company will continue to trade on the NYSE under the symbol TPX. Tempur-Pedic acquired all of the outstanding common stock of Sealy for $2.20 per share and assumed or will repay all of Sealy's outstanding convertible and non-convertible debt, for a total transaction value of approximately $1.3 billion. As previously disclosed, the Company funded the transaction and the refinancing of its existing credit facility with $1.770 billion senior secured facilities and $375 million of senior notes.
Latest Developments for Tempur Sealy International Inc
- Tempur Sealy International Inc gives FY 2014 guidance; earnings guidance below analysts' estimates
- Tempur Sealy International Inc raises FY 2013 revenue guidance; gives long term guidance-Conference Call
- Tempur Sealy International Inc Reaffirms FY 2013 Guidance
- Tempur Sealy International Inc Lowers FY 2013 Guidance
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