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Leggett & Platt Inc T.LEG


Primary Symbol: LEG

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

Post by goldensaskyon Apr 22, 2015 9:29pm
227 Views
Post# 23655346

To help make shareholders feel better

To help make shareholders feel betterI guess Trent and his wife paid 3.20 a share. Must mean there is some value here and also means he will likely lose his job because of the corporate governance issues.  He is under water .70 approximately per share. I think his severance will more then make up for it. Scotia has a break up value of 4.25 per share on the low end and was sure to not stick there neck out on the high number.  Anyone hear any news? I saw an article in the financial post that talked about the loan guarantee on the margin call.  

Good luck

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