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 > For CPG to offer a discount to the closing price

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Comment by qwqwon May 26, 2015 9:35pm

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Post# 23767517

RE:RE:For CPG to offer a discount to the closing price

"In connection with the Legacy arrangement, Crescent Point has entered into an agreement, on a bought-deal basis, with a syndicate of underwriters co-led by BMO Capital Markets and Scotiabank, and including RBC Capital Markets, CIBC, TD Securities Inc., FirstEnergy Capital Corp., National Bank Financial Inc., Macquarie Capital Markets Canada Ltd., Peters & Co. Ltd., AltaCorp Capital Inc. and GMP Securities LP for an offering of 21.06 million Crescent Point common shares at $28.50 per share to raise gross proceeds of approximately $600-million."

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