LEXINGTON, Ky., Sept. 14 /PRNewswire-FirstCall/ -- In response to market inquiries, Tempur-Pedic International Inc. (NYSE: TPX), confirmed that it was informed last night by TA Associates, Inc. (TA) that funds managed by TA (the TA Funds) have made distributions to their partners of a total of approximately 5 million shares of Tempur-Pedic International common stock, which represents approximately 32% of the TA Funds' interest in the Company prior to the distributions.
The Company further noted that the TA Funds acquired these shares in connection with their original investment in the Company in November 2002.
About the Company
Tempur-Pedic International Inc. (NYSE: TPX) manufactures and distributes Swedish Mattresses and Neck Pillows™ made from its TEMPUR® pressure- relieving material: a proprietary material that conforms to the body to provide support and help alleviate pressure points. Products are currently sold in over 70 countries under the TEMPUR® and Tempur-Pedic® brand names. World headquarters for Tempur-Pedic International is in Lexington, KY. For more information, visit http://www.tempurpedic.com or call 800-805-3635.
SOURCE Tempur-Pedic International Inc.
CONTACT: Investor Relations of Tempur-Pedic International Inc.,