Somnigroup Clears Key Antitrust Hurdle for Leggett & Platt Merger
SGI is trading near its 52-week low of $60.39 (12% above the low).
Summary
Somnigroup International announced that the Hart-Scott-Rodino antitrust waiting period for its acquisition of Leggett & Platt has expired, advancing the merger process.
Key Events · M&A and Partnerships · SGI
-
HSR Act Waiting Period Expired
The 30-day waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 expired on June 3, 2026, removing a key regulatory condition for the merger.
-
Merger Progresses Towards Close
This development advances Somnigroup's all-stock acquisition of Leggett & Platt, which was initially announced on April 13, 2026.
-
Expected Closing by Year-End
The transaction is still subject to other conditions, including shareholder approval and additional international regulatory clearances, with an anticipated closing by year-end 2026.
Analysis · SGI · Manufacturing
Somnigroup International announced the expiration of the HSR Act waiting period, a critical step in securing regulatory approval for its all-stock acquisition of Leggett & Platt. This removes a significant hurdle, moving the transaction closer to its expected year-end 2026 close.
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, SGI was trading at $67.41 on NYSE in the Manufacturing sector, with a market capitalization of approximately $14.2B. The 52-week trading range was $60.39 to $98.56. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.