---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-151966"
form_type: "8-K"
ticker: "LEG"
cik: "0000058492"
company_name: "LEGGETT & PLATT INC"
filed_at: "2026-04-13T23:59:59+00:00"
generated_at: "2026-05-15T06:38:32.851681+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Somnigroup to acquire Leggett & Platt in ~$2.5B all-stock deal; exchange ratio 0.1455

## Summary
- Leggett & Platt shareholders receive 0.1455 Somnigroup shares per share, owning ~9% of combined company.
- Deal valued at ~$2.5 billion based on Somnigroup's closing price on April 10, 2026.
- Transaction expected to close by year-end 2026, subject to Leggett & Platt shareholder and regulatory approvals.
- Parent pays $80M termination fee if deal fails due to regulatory issues; Company pays $64M fee for changing recommendation.
- Leggett & Platt to operate as separate business unit within Somnigroup; both boards unanimously approved.

## SEC filing metadata
- accession: 0001193125-26-151966
- form_type: 8-K
- ticker: LEG
- cik: 0000058492
- company_name: LEGGETT & PLATT INC
- filed_at: 2026-04-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/58492/000119312526151966/0001193125-26-151966-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/58492/000119312526151966/d38467d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-151966
- JSON: https://secwatch.observer/filing/0001193125-26-151966.json
- Plain text: https://secwatch.observer/filing/0001193125-26-151966.txt

## Source-grounded claims
- claim_id: 4594fd33e8e772c59bef61e2bea3cdbcd369d343
  claim: LEGGETT & PLATT INC entered into Agreement and Plan of Merger with Somnigroup International Inc. and Sparrow Unity Corporation (effective 2026-04-13).
  evidence_excerpt: On April 13, 2026, Somnigroup International Inc., a Delaware corporation (“ Parent ”), and Leggett & Platt, Incorporated, a Missouri corporation (the “ Company ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”), by and among Parent, Sparrow Unity Corporation, a Missouri corporation and a direct, wholly owned subsidiary of Parent (“ Merger Sub ” and together with Parent, the “ Parent Parties ”), and the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/58492/000119312526151966/0001193125-26-151966-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.