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TPX > SEC Filings for TPX > Form 8-K on 1-Jul-2014All Recent SEC Filings

Show all filings for TEMPUR SEALY INTERNATIONAL, INC.

Form 8-K for TEMPUR SEALY INTERNATIONAL, INC.


1-Jul-2014

Regulation FD Disclosure, Financial Statements and Exhibits


Item 7.01 Regulation FD Disclosure

On July 1, 2014, Tempur Sealy International, Inc. issued a press release announcing its decision to exit production of innerspring components in the U.S. In conjunction with this announcement, Tempur Sealy and Leggett & Platt (NYSE: LEG), the leading global producer of bedding components, jointly announced that Leggett & Platt has acquired Tempur Sealy's three U.S. innerspring component production facilities and equipment, along with associated working capital for a total consideration of approximately $48 million, subject to customary working capital adjustments. The total consideration for the assets sold in the transaction reflects their approximate book value but does not consider anticipated tax charges.

A copy of the press release is attached as Exhibit 99.1 to this current report on Form 8-K and is incorporated herein by reference. The information in this report (including Exhibit 99.1) shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.



Item 9.01 Financial Statements and Exhibit

(d) Exhibits Exhibit Description Press Release dated July 1, 2014, entitled "Tempur Sealy and Leggett &
99.1 Platt Announce Transaction"


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