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 > VOTE DOWN - The Premium ?

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Post by perdikaoilgason May 27, 2015 4:39am

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Post# 23768129

VOTE DOWN - The Premium ?

Although LEG has a lot of debt, I did not really expect LEG to be acquired without Premium. CPG guys did a great job of course, LEG guys did a horrible job as usual.

Although most of my stocks are not directly impacted by the oil price (i.e. CERF Incorporated - CFL.V), I will vote down this deal. The oil price will rise over the next months and LEG deserves a Premium. I am sure many folks agree with me.

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