Tempur Sealy (TPX) Tops Q1 EPS by 2c; Reaffirms
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Tempur Sealy (TPX) Declares $0.11 Quarterly Dividend; 1.2% Yield
May 9, 2023 6:51 AM EDTTempur Sealy (NYSE: TPX) declared a quarterly dividend of $0.11 per share, or $0.44 annualized.
The dividend will be payable on June 6, 2023, to stockholders of record on May 23, 2023, with an ex-dividend date of May 22, 2023.
The annual yield on the dividend is 1.2 percent.
For... More
Tempur Sealy (TPX) to Acquire Mattress Firm for $4B Cash and Stock
May 9, 2023 6:37 AM EDTTempur Sealy International, Inc. (NYSE: TPX) and Mattress Firm Group Inc. ("Mattress Firm") today announced that Tempur Sealy has signed a definitive agreement to acquire Mattress Firm, the nation's largest mattress specialty retailer, in a cash and stock transaction valued at approximately $4.0 billion.
The transaction is expected to be funded by approximately $2.7 billion of cash consideration (subject to adjustments, including the repayment of Mattress Firm's debt and other customary items) and $1.3 billion in stock consideration issued to... More
