Leggett & Platt Confirms Unsolicited Proposal From Somnigroup
(RTTNews) – Leggett & Platt, Inc. (LEG), a manufacturer of engineered components and products for beddings and furniture, Monday announced that it has received an unsolicited proposal from Somnigroup International Inc. (SGI), a bedding company. Somnigroup proposes to acquire all the outstanding shares of Leggett & Platt in an all-stock transaction. Leggett & Platt is … Read more