Sealy’s Board, KKR Sued Over Tempur-Pedic’s Buyout Bid

Sealy Corp.’s directors and controlling shareholder KKR & Co. were accused in an investors’ lawsuit of shortchanging the mattress maker’s stockholders by backing a $229 million buyout bid by rival Tempur-Pedic International Inc.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.