Tempur-Pedic International (NYSE:TPX) has woken up with a new name. Stockholders at the firm's annual general meeting approved a change to the company's appellation; it is now to be known as Tempur Sealy International. The change reflects the company's acquisition of fellow mattress maker Sealy, which was completed this past March.
A new website featuring the changed name, www.tempursealy.com, has been launched.
In spite of these modifications, other key elements of the firm's operations will remain the same. It will continue to be headquartered in Lexington, Kentucky, and its subsidiaries will retain their current names. As for the company's relationship with the capital markets, it will continue to use its long-standing ticker symbol, TPX.
Fool contributor Eric Volkman has no position in Tempur-Pedic International... sorry, Tempur Sealy International. The Motley Fool owns shares of the company. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.