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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 bigbabon May 27, 2015 1:57am
253 Views
Post# 23768065

Will be interesting to watch tomorrow

Will be interesting to watch tomorrow Who has 1.6 - 1.7B to throw at legacy ?  I suppose CP is the answer 

obv front four are not apart of anything so things could get interesting 

Any chance the deal falls thru with no new bids and LEG loses the break fee. ? I think there is a small chance for that so am predicting 2.65 tomorrow , if I was holding shares I would just hold until the deal closes or CP bumps up the bid to $3 ...  (Still say 2.65 as I don't see any other suitors )
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