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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 > Takeover Rumors LGX/LEG
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Post by CanadianBuckon Jan 14, 2015 11:08am
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Post# 23317951

Takeover Rumors LGX/LEG

Takeover Rumors LGX/LEG
Rumor has it that by about mid February (given the current trend) that LGX Oil+ Gas will be making an offer to buy Legacy Oil & Gas on a one for one share exchange. ie. one share LGX offered for one share of Leg. The consensus thinking is that shareholders of Legacy will be more than happy with that offer by that time :)
Don't get mad! I too share the pain as a shareholder of LEG
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