Leggett & Platt Clears Key Antitrust Hurdle for Somnigroup Acquisition
LEG sits 24% above its 52-week low of $7.86.
Summary
Leggett & Platt announced the expiration of the HSR antitrust waiting period, a critical step towards completing its acquisition by Somnigroup International.
Key Events · M&A and Partnerships · LEG
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HSR Waiting Period Expired
The 30-day Hart-Scott-Rodino antitrust waiting period for the acquisition by Somnigroup International Inc. expired on June 3, 2026.
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Merger Progress
This clears a significant regulatory condition, moving the all-stock merger closer to its expected closing by year-end 2026.
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Remaining Conditions
Other closing conditions still include shareholder approval, international regulatory clearances, S-4 registration effectiveness, and the absence of a material adverse effect.
Analysis · LEG · Manufacturing
The expiration of the Hart-Scott-Rodino waiting period is a significant step forward in the acquisition of Leggett & Platt by Somnigroup International. This removes a major regulatory condition, reducing uncertainty and bringing the all-stock merger closer to its expected year-end 2026 closing. Investors will now focus on the remaining conditions, including shareholder approval and other international regulatory clearances.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 35.8% of the 1045 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.43%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, LEG was trading at $9.75 on NYSE in the Manufacturing sector, with a market capitalization of approximately $1.3B. The 52-week trading range was $7.86 to $13.00. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.