Somnigroup International to Acquire Leggett & Platt in a $2.5 Billion All-Stock Deal
Somnigroup International Inc (SGI) entered a merger agreement on April 13, 2026, to acquire Leggett & Platt, Incorporated (LEG) in an all-stock deal valued at $2.5 billion. Deal…
Written byAsif SuriaSource: InsideArbitrage
Somnigroup International Inc (SGI) entered a merger agreement on April 13, 2026, to acquire Leggett & Platt, Incorporated (LEG) in an all-stock deal valued at $2.5 billion. Deal Structure: Leggett & Platt shareholders will receive 0.1455 shares of Somnigroup common stock in exchange for each share of Leggett & Platt common stock they own, representing