# LEGGETT & PLATT INC (LEG) — divestiture/asset_sale [announced]
Source: SEC API (secapi.ai) · situation sit_96e958fab399ce376e71 · retrieved 2026-08-12T07:01:35.385Z

## Overview
Leggett & Platt is a diversified manufacturer that designs and produces engineered components and products found in homes and automobiles, including bedding components, automotive seat comfort systems, furniture components, flooring underlayment, and hydraulic cylinders.

Leggett & Platt, Incorporated is progressing toward a planned merger with Somnigroup International Inc. (NYSE: SGI). The HSR Antitrust Improvements Act waiting period expired in June 2026. The transaction is anticipated to close upon satisfaction of remaining closing conditions, including Leggett & Platt shareholder approval at a special meeting scheduled for August 20, 2026, and remaining required regulatory approvals. The merger was announced on April 13, 2026, pursuant to an Agreement and Plan of Merger by and among Somnigroup, Sparrow Unity Corporation (a Missouri corporation and direct wholly owned subsidiary of Somnigroup), and Leggett, whereby Merger Sub will merge with and into Leggett, with Leggett surviving as a direct wholly owned subsidiary of Somnigroup.

## Terms
- Counterparty: Somnigroup International Inc.

## Key dates
- Announced 2026-08-06 · Vote 2026-08-20

## Timeline
- 2026-08-06 · 8-K (0001193125-26-336582): 8-K - LEGGETT & PLATT INC — *Leggett & Platt is a diversified manufacturer that designs and produces engineered components and products found in homes and automobiles, including bedding components, automotive seat comfort systems, furniture components, flooring underlayment, and hydraulic cylinders.* Leggett & Platt, Incorporated is progressing toward a planned merger with Somnigroup International Inc. (NYSE: SGI). The HSR Antitrust Improvements Act waiting period expired in June 2026. The transaction is anticipated to close upon satisfaction of remaining closing conditions, including Leggett & Platt shareholder approval at a special meeting scheduled for August 20, 2026, and remaining required regulatory approvals. The merger was announced on April 13, 2026, pursuant to an Agreement and Plan of Merger by and among Somnigroup, Sparrow Unity Corporation (a Missouri corporation and direct wholly owned subsidiary of Somnigroup), and Leggett, whereby Merger Sub will merge with and into Leggett, with Leggett surviving as a direct wholly owned subsidiary of Somnigroup.
  https://www.sec.gov/Archives/edgar/data/58492/0001193125-26-336582.txt

## Citations
- 0001193125-26-336582 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526336582