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News  ›  Benzinga

Leggett & Platt Shares Surge On Somnigroup Acquisition Proposal

Benzinga Logo Benzinga By Lekha Gupta
Leggett & Platt Shares Surge On Somnigroup Acquisition Proposal

Somnigroup International proposed an all-stock acquisition of Leggett & Platt at $12.00 per share, representing a 30.3% premium to its 30-day average closing price.

Insights
TSLA   positive

Planning significant EV production and capital spending ramp-up in 2026


LEG   positive

Stock price surged 10.58% on acquisition proposal with significant premium