Tempur-Pedic Spiking This Morning

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Tempur-Pedic International Inc.
TPX
is spiking approximately 5% after sources are saying private-equity firm Advent International has emerged as the likely buyer of National Bedding Co., a maker of Serta brand mattresses, for around $3 billion, according to Dow Jones. Sources are also saying Bain Capital and Berkshire Partners are bidding for Serta as well. This news has likely heightened interest in Tempur-Pedic and Sealy Corporation
ZZ
, which is trading up 2.94%
Posted In: NewsRumorsHotMoversBain CapitalBerkshire PartnersSerta
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