mrsunbubbles
29.1K posts

mrsunbubbles
@mrsunbubbles
silver, destroying the housing industrial complex
Beigetreten Temmuz 2020
1.8K Folgt1.4K Follower
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@InsideArbitrage lol purple as a competitor? lol purple made a special deal with them
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Somnigroup operates primarily in branded products and retail, while Leggett & Platt mainly functions as a components supplier. This is a vertical integration, not removing a competitor. The market still has players such as Serta Simmons Bedding and Purple Innovation $PRPL.
Also, deals like this are reviewed by regulators like the FTC. If it really reduces competition, they would block or force changes.
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Somnigroup International $SGI to Acquire Leggett & Platt $LEG in a $2.5 Billion All-Stock Deal -
🛏️Leggett & Platt shareholders will receive 0.1455 shares of Somnigroup common stock in exchange for each share of Leggett & Platt common stock they own, representing a value of $11.36 per Leggett & Platt share, at a premium of 13.69% from the stock’s last close.
🛏️The deal is anticipated to close by year-end 2026.
In December last year, Somnigroup submitted a proposal to the board of Leggett & Platt to acquire all outstanding common shares of the company through an all-stock transaction. At the time, Leggett & Platt’s stock was trading at $10.26. Under the proposed terms, shareholders were to receive shares of Somnigroup common stock valued at $12 for each Leggett & Platt share.
For a comprehensive analysis of this transaction, click on the link below:
insidearbitrage.com/2026/04/somnig…


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@m3_melody @listwithjeremy Folks will transact more if people cut prices…….
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@uneducatedecon1 @jonbrooks Of course! Glad found you on here!
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@uneducatedecon1 @jonbrooks Bro I watch you on YouTube all the damn time
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@jonbrooks Sounds like a crash in the housing market has already taken place. Not in prices , in transactions.
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