Shares of US furniture and bedding manufacturer Leggett & Platt rose sharply on Monday by almost 15% after Somnigroup International said it had submitted an offer to acquire the company in an all-stock deal valued at $1.63 billion.
No Shareholder Action Required at This Time CARTHAGE, Mo. , Dec. 1, 2025 /PRNewswire/ -- Leggett & Platt confirmed that it has received an unsolicited proposal from Somnigroup International Inc. (NYSE: SGI) ("Somnigroup") to acquire all the outstanding shares of Leggett & Platt in an all-stock transaction.
Proposal represents 30.3% premium to the average closing price of Leggett & Platt's shares during the last 30 trading days Combination would provide Leggett & Platt shareholders with significant premium and opportunity to participate in combined company growth DALLAS , Dec. 1, 2025 /PRNewswire/ -- Somnigroup International Inc. (NYSE: SGI, "Company" or "Somnigroup") today announced that it submi...
CARTHAGE, Mo. , Nov. 6, 2025 /PRNewswire/ -- Leggett & Platt's Board of Directors declared a dividend of $.05 per share for the fourth quarter of 2025.
Leggett & Platt's third-quarter sales missed Wall Street's target, but investors are still loving the company's latest report. The company narrowed its sales and earnings targets for the year in positive directions.
Leggett & Platt, Incorporated (NYSE:LEG ) Q3 2025 Earnings Call October 28, 2025 8:30 AM EDT Company Participants Steve West Karl Glassman - President, CEO & Chairman Benjamin Burns - Executive VP & CFO J. Hagale - Executive VP & President of Bedding Products R.
CARTHAGE, Mo. , Oct. 27, 2025 /PRNewswire/ -- 3Q sales of $1.0 billion, a 6% decrease vs 3Q24 3Q EPS of $0.91, 3Q adjusted1 EPS of $0.29, a $0.03 decrease vs adjusted1 3Q24 EPS 3Q operating cash flow of $126 million, a $30 million increase vs 3Q24 Strengthened balance sheet by reducing debt $296 million using Aerospace proceeds and operating cash flow Reaffirmed the midpoint of 2025 sales and a...
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