Dallas-Based Somnigroup Inks $2.5B Deal to Acquire Leggett & Platt

Sage Kakkat

16 Apr 2026 — 1 min read

Dallas Innovates, Every Day: Here's what's new + next in North Texas. Dallas-based Somnigroup International (NYSE: SGI ) has signed a definitive agreement to acquire Leggett & Platt (NYSE: LEG ) in an all-stock deal valued at around $2.5 billion, based on Somnigroup’s closing share price on April 10, 2026. Somnigroup was created in February 2024 via Tempur Sealy International’s $5 billion acquisition of Mattress Firm, and has since set up its headquarters within The Crescent complex in Uptown Dallas. ... The post Dallas-Based Somnigroup Inks $2.5B Deal to Acquire Leggett & Platt appeared first on Dallas Innovates .

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Medical waste recycling business set for Frostburg

Debut Author Nipram Pankhuri Unveils 'An Odyssean Ode' - A Captivating Journey Through Stories and Psychology

Pound Sterling Slips as Cautious Markets Bolster Dollar’s Defensive Appeal

Wall Street hits record as S&P 500 continues 2-week rally, boosted by hopes for Iran war's end