Leggett & Platt Merger with Somnigroup Clears Final Regulatory Hurdle; Closing Expected August 26
LEG is trading near its 52-week low of $8.34 (12% above the low) on light trading volume (0.3× avg).
Summary
Leggett & Platt announced that all regulatory approvals for its acquisition by Somnigroup International have been received, with closing anticipated as early as August 26, 2026.
Key Events · M&A and Partnerships · LEG
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All Regulatory Approvals Received
As of August 25, 2026, Somnigroup International and Leggett & Platt have received all requisite regulatory approvals for the merger.
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Closing Expected August 26, 2026
The company anticipates closing the merger as early as August 26, 2026, making Leggett & Platt a direct, wholly owned subsidiary of Somnigroup.
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Final Step in All-Stock Acquisition
This follows shareholder approval on August 20, 2026, and HSR clearance on June 4, 2026, clearing the last major hurdle before deal completion.
Analysis · LEG · Manufacturing
With all requisite regulatory approvals now in hand, the merger is poised to close as early as August 26, 2026. This marks the final step before the all-stock acquisition by Somnigroup International completes, converting Leggett & Platt into a wholly owned subsidiary. The specific closing date is new information that resolves the last uncertainty around deal timing.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 29.9% of the 1591 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.24%. 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 $9.30 on NYSE in the Manufacturing sector, with a market capitalization of approximately $1.3B. The 52-week trading range was $8.34 to $13.00. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.