GLASSMAN KARL G sold (to issuer) 2,308,087 shares of LEG

LEGGETT & PLATT INC (LEG) filed an SEC Form 8-K — Completion of Acquisition or Disposition of Assets. Item 1.02 Termination of a Material Definitive Agreement. Repayment and Termination of Credit Agreement On August 26, 2026, in connection with the Merger, the Company terminated and repaid in full all outstanding obligations (approximately $277,000 in aggregate) due under that ce

Somnigroup (SGI) completed its acquisition of Leggett & Platt, valued at $2.3B. The deal reduces Somnigroup's net leverage to 2.8x EBITDA and upsizes synergy targets to $75M annually. Leggett & Platt shareholders receive 0.1455 SGI shares per share. The combined company operates 170+ facilities across 37 countries. Somnigroup will host a business update call on September 2, 2026.

Leggett & Platt (LEG) shareholders approved its merger with Somnigroup, pending regulatory approval. LEG offers a 2.14% dividend yield, a 7.9% undervaluation per GF Value™, and a GF Score™ of 71. Institutional confidence is strong, with 7 gurus holding shares. The company's growth has declined, but its valuation and momentum are attractive.

Leggett & Platt (LEG) announced that regulatory approvals for its merger with Somnigroup International are complete, with the closing expected as early as August 26, 2026. The merger will make Leggett & Platt a subsidiary of Somnigroup, subject to remaining conditions and potential risks.

Leggett & Platt (LEG) shareholders approved a merger with Somnigroup (SGI). The deal awaits final regulatory approval. Both companies outline potential risks and uncertainties in the transaction.

Leggett & Platt (NYSE:LEG) reported Q2 CY2026 revenue of $999.7 million, down 5.5% year on year but above analysts’ $982.9 million estimate. Non-GAAP EPS was $0.39 versus $0.26 expected. Free cash flow margin fell to 2.5% from 7.1% a year earlier. Shares dropped 5.1% to $9.73 after results.