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.

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Leggett & Platt Inc > elkhorn sold

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Post by dirtysox66on Mar 16, 2014 3:55pm

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Post# 22329476

re: elkhorn sold

----but nobody knows for sure yet who the buyer is, so it's all purely conjecture. legacy is a growth
company, though and as such would be happy to take on additional debt if the assets were good and
the return on those assets was substantially greater than the interest on the additional debt. that's what
you pay your cfo for.

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