Leggett & Platt (LEG) in Pivotal Point Check: Mattress Giant Strikes - Somnigroup Offers $1.6 Billion for the Component Manufacturer!

Somnigroup International offers $12.00 per share in a purely stock exchange. The acquisition would join the mattress retail sector with a leading component manufacturer. Strategic benefits, such as reduced financing costs, are expected. The strong price surge of Leggett & Platt stock on Monday, December 1, 2025, was not due to a technical recovery but had a concrete fundamental trigger. Somnigroup International, the global holding company of mattress brands and retailers, made an unsolicited acquisition offer for all outstanding...