Mattress manufacturer Somnigroup International said on Monday it had submitted a proposal to buy Leggett & Platt in an all-stock deal that valued the furniture and bedding maker at about $1.63 billion ...

Somnigroup International has made an offer to buy Leggett & Platt, one of the area’s oldest and largest employers, and said that if the deal goes through it expects to retain most of Leggett & Platt’s ...

Leggett & Platt shares surge after Somnigroup proposes $1.63B all-stock takeover, offering shareholders a 17% premium.

"Leggett & Platt has been an important supplier to our company for many years," says Somnigroup Chairman and CEO Scott Thompson.

In a letter detailed in a press release from Somnigroup, the company proposed that each Leggett & Platt share be swapped for ...

Somnigroup International has offered to buy Leggett & Platt for about $1.63 billion in an all-stock deal, a move that would ...

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 ...

Mattress Firm's parent company is eyeing another billion-dollar deal less than a year after closing the $5 billion ...

Somnigroup International, the relatively new North Texas-based parent of Mattress Firm and other bedding brands, is making a ...

Somnigroup International Inc. has submitted a proposal to the board of directors of Leggett & Platt Inc. to acquire all ...

Leggett & Platt (NYSE:LEG) climbed 8% on Monday after Somnigroup International (NYSE:SGI) announced a proposal to acquire the ...

Sominigroup has sent a proposal to acquire Leggett & Platt. Somnigroup, an American manufacturer of mattresses and bedding ...