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Leggett & Platt Inc T.LEG


Primary Symbol: LEG

Consumer Cyclical
Leggett & Platt, Incorporated is a manufacturer that conceives, designs, and produces a range of engineered components and products found in many homes and automobiles. The Company’s segments include Bedding Products, Specialized Products and Furniture, Flooring & Textile Products. Bedding Products segment supplies a variety of components and machinery used by bedding manufacturers in the production and assembly of their finished products, as well as produces private label finished mattresses for bedding brands. Specialized Products segment supplies lumbar support systems, seat suspension systems, motors and actuators, and control cables used by automotive manufacturers. It also produces and distribute tubing and tube assemblies for the aerospace industry and engineered hydraulic cylinders used in the material-handling and construction industries. Furniture, Flooring & Textile Products segment supplies a range of components for residential and work furniture manufacturers.


NYSE:LEG - Post by User

Leggett & Platt Inc > Legacy owns 18% of LGX
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Post by MustangMatton Dec 16, 2013 5:21pm
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Post# 22011450

Legacy owns 18% of LGX

Legacy owns 18% of LGX
This adds some interesting scenarios to the mix.  I have always felt if Trent and the boys hit something in the Southern Alberta Baken they would sell Legacy and Parachut into LGX.  I own shares in both, I can't see how this find does not open options for Mangement in Legacy, what will they do?  Sell Legacy, sell LGX to Deethree, lots of things in the mix now, cheers Matthew
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