Leggett & Platt Inc T.LEG

Primary Symbol: LEG

Consumer Cyclical Home Furnishings & Fixtures

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 > CPG

<< Previous

Bullboard Posts

Next >>

Comment by Zoolanders21on May 23, 2015 12:38pm

273 Views

Post# 23757410

RE:RE:CPG

Thanks ... if CPG did have plans to take over Legacy would they not at least acquire up to just under 10% of the shares on the open market before laucnhing a takeover bid. At 10% they would have to file an early warning disclosure under Canadian securities laws which would trigger a huge lift in SP. Considering they don't own it is probably more likely that they are negotiating to buy assetsProb more likely a bigger investor like CPP if it is a takeover.

<< Previous

Bullboard Posts

Next >>

Eminent acquires promising Nevada gold project