The latest update on Leggett & Platt centers on a reduced fair value estimate, with the modeled price target moving from US$12.50 to US$11.50, an adjustment of about 8%. Analysts are debating how this ...

Leggett & Platt (NYSE:LEG) climbed 8% on Monday after Somnigroup International (NYSE:SGI) announced a proposal to acquire the company through an all-stock transaction. Leggett & Platt shares traded at ...

Its first-quarter results featured declines in key fundamentals. The company also made a deep dividend cut. The company, which manufactures a range of industrial products from furniture parts to ...

Somnigroup agreed to acquire components manufacturer Leggett & Platt in an all-stock deal worth $2.5 billion, succeeding in a months-long effort to buy a key supplier for its bedding empire. Leggett & ...

CARTHAGE, Mo. — 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 ...