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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 > In reference to the Yenko loan
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Post by LXXIIMCon Mar 27, 2015 2:26am
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Post# 23567473

In reference to the Yenko loan

In reference to the Yenko loan
I don't quiet understand this? Maybe somebody like large investor could clarify. So the Yenko's bought 5.6 million in options, in a margin account, and the loan was backed by the company. The strike price was 3 something. But was it a put or a call? Is this ethical practice? 
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