Somnigroup Is Building a Bedding Empire -- Market Talk

Dow Jones

Dec 02

1328 ET - William Blair analyst Phillip Blee says in a research note that he supports Somnigroup's proposal to buy Leggett & Platt for approximately $1.6 billion. "The acquisition would further expand Somnigroup's efforts to vertically integrate and bolster the company's influence as the mattress and bedding industry's top dog," Blee says, adding the deal would likely boost Somnigroup's earnings. If the deal goes through, Somnigroup would likely divest Leggett's non-bedding-related businesses, providing an opportunity to accelerate debt repayments following Tempur-Sealy's acquisition of Mattress Firm. The biggest risk would be too many irons in the fire, Blee says, but that's not overly concerning as Somnigroup plans to keep the businesses relatively autonomous. Leggett shares climb 16%, while Somnigroup shares edge 0.7% higher. (connor.hart@wsj.com)

(END) Dow Jones Newswires

December 01, 2025 13:28 ET (18:28 GMT)

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If the deal goes through, Somnigroup would likely divest Leggett's non-bedding-related businesses, providing an opportunity to accelerate debt repayments following Tempur-Sealy's acquisition of Mattress Firm. The biggest risk would be too many irons in the fire, Blee says, but that's not overly concerning as Somnigroup plans to keep the businesses relatively autonomous. Leggett shares climb 16%, while Somnigroup shares edge 0.7% higher. (connor.hart@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 01, 2025 13:28 ET (18:28 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Somnigroup Is Building a Bedding Empire -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSomnigroup Is Building a Bedding Empire -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-12-02 02:28</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1328 ET - William Blair analyst Phillip Blee says in a research note that he supports Somnigroup's proposal to buy Leggett &amp; Platt for approximately $1.6 billion. \"The acquisition would further expand Somnigroup's efforts to vertically integrate and bolster the company's influence as the mattress and bedding industry's top dog,\" Blee says, adding the deal would likely boost Somnigroup's earnings. If the deal goes through, Somnigroup would likely divest Leggett's non-bedding-related businesses, providing an opportunity to accelerate debt repayments following Tempur-Sealy's acquisition of Mattress Firm. The biggest risk would be too many irons in the fire, Blee says, but that's not overly concerning as Somnigroup plans to keep the businesses relatively autonomous. Leggett shares climb 16%, while Somnigroup shares edge 0.7% higher. (connor.hart@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 01, 2025 13:28 ET (18:28 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2588777551","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2588777551","pubTimestamp":1764613680,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1328 ET - William Blair analyst Phillip Blee says in a research note that he supports Somnigroup's proposal to buy Leggett & Platt for approximately $1.6 billion. \"The acquisition would further expand Somnigroup's efforts to vertically integrate and bolster the company's influence as the mattress and bedding industry's top dog,\" Blee says, adding the deal would likely boost Somnigroup's earnings. If the deal goes through, Somnigroup would likely divest Leggett's non-bedding-related businesses, providing an opportunity to accelerate debt repayments following Tempur-Sealy's acquisition of Mattress Firm. The biggest risk would be too many irons in the fire, Blee says, but that's not overly concerning as Somnigroup plans to keep the businesses relatively autonomous. Leggett shares climb 16%, while Somnigroup shares edge 0.7% higher. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","BK4095":"家庭装饰品","LEG":"礼恩派","SGI":"泰浦陛迪国际公司"},"translate_title":"Somnigroup正在打造一个床上用品帝国——Market Talk","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SGI":0.9,"LEG":0.9},"content_text":"1328 ET - William Blair analyst Phillip Blee says in a research note that he supports Somnigroup's proposal to buy Leggett & Platt for approximately $1.6 billion. \"The acquisition would further expand Somnigroup's efforts to vertically integrate and bolster the company's influence as the mattress and bedding industry's top dog,\" Blee says, adding the deal would likely boost Somnigroup's earnings. If the deal goes through, Somnigroup would likely divest Leggett's non-bedding-related businesses, providing an opportunity to accelerate debt repayments following Tempur-Sealy's acquisition of Mattress Firm. The biggest risk would be too many irons in the fire, Blee says, but that's not overly concerning as Somnigroup plans to keep the businesses relatively autonomous. Leggett shares climb 16%, while Somnigroup shares edge 0.7% higher. (connor.hart@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 01, 2025 13:28 ET (18:28 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}