Leggett & Platt IncorporatedLEG
▼ NegativeCapitalrelevance
Shareholders approved merger, but stock fell 2.38% on the news.
Leggett & Platt announced on Thursday that shareholders approved its merger with Somnigroup International. The deal still requires one remaining regulatory approval, and the company expects the transaction to close once that approval and other closing conditions are satisfied. On the market side, Leggett & Platt stock traded 2.38% lower at about $9.46, while Somnigroup International stock traded 1.58% lower at about $64.83.
Leggett & Platt IncorporatedShareholders approved merger, but stock fell 2.38% on the news.
Somnigroup International Inc.Somnigroup stock fell 1.58% following merger approval.
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