Daily News
From Home Furnishing Business
Leggett & Platt Shareholders Vote to Approve Merger with Somnigroup International
August 20,
2026 by Karen Parrish in Business Strategy, Industry
Leggett & Platt announced that its shareholders voted to approve the merger of the Company with Somnigroup International, Inc.
The Merger remains subject to a remaining required regulatory approval and the transaction is anticipated to close upon satisfaction of the remaining closing conditions.
When Leggett & Platt reported the Second Quarter results, the Company had reported on April 13, 2026, the Company entered into an agreement to be acquired by Somnigroup International Inc. (NYSE: SGI). The transaction is anticipated to close upon satisfaction of the remaining closing conditions, including Leggett & Platt shareholder approval at the August 20, 2026 meeting and remaining required regulatory approvals.
As is customary while a transaction is pending, Leggett & Platt's 2026 guidance issued in February was withdrawn last quarter and should no longer be relied upon. Additionally, Leggett & Platt will not host a conference call. For further details on quarterly performance, please refer to Leggett & Platt's Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, which is expected to be filed today with the Securities and Exchange Commission.