Leggett & Platt (LEG) Shares Skyrocket, What You Need To Know [Yahoo! Finance]
Leggett & Platt, Incorporated (LEG)
Last leggett & platt, incorporated earnings: 2/3 04:20 pm
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leggett.com
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Source: Yahoo! Finance
Shares of manufacturing company Leggett & Platt (NYSE:LEG) jumped 15.2% in the afternoon session after bedding manufacturer Somnigroup International proposed to acquire the company in an all-stock deal valued at about $1.6 billion. Under the terms of the unsolicited proposal, Leggett & Platt shareholders would receive Somnigroup common stock valued at $12.00 for each share they owned. This price represented a 30.3% premium to Leggett & Platt's average closing price over the previous 30 trading days. Leggett & Platt confirmed it received the non-binding offer and its Board of Directors planned to carefully review it with financial and legal advisors. The company also told its shareholders that no action was needed at the time.
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LEG
News
- Somnigroup's Offer A Lifeline For Leggett Shareholders? No, A Slap In The Face [Seeking Alpha]Seeking Alpha
- Leggett & Platt faces $1.6 billion takeover bid, remembering Robert A.M. Stern, and more [Yahoo! Finance]Yahoo! Finance
- Somnigroup offers $1.6 billion to acquire Leggett and Platt [Yahoo! Finance]Yahoo! Finance
- Leggett & Platt to Review Somnigroup's Acquisition Bid [Yahoo! Finance]Yahoo! Finance
- Leggett & Platt Confirms Receipt of Unsolicited Proposal from Somnigroup International Inc. [Yahoo! Finance]Yahoo! Finance
LEG
Earnings
- 10/27/25 - Miss
LEG
Sec Filings
- 12/1/25 - Form 425
- 11/26/25 - Form 4
- 11/26/25 - Form 4
- LEG's page on the SEC website