A look at the Wall Street rumor mill - Unfiltered. Most of the rumors posted on this blog will never, ever, ever come true. Many are BS. Even more are wishful thinking. YOU SHOULD NEVER BUY A STOCK ON A RUMOR - NEVER! GOT IT? NOW ENJOY.
Thursday, February 22, 2007
Large LESCO (LSCO) Holder Hawkshaw Capital Disappointed with Deere (DE) Takeover Offer
In a 13D filing on LESCO Inc. (Nasdaq: LSCO) 13.6% holder Hawkshaw Capital disclosed a letter to the company expressing their dissatisfaction with the $14.50 takeover offer from Deere & Co. (NYSE: DE). The firm said the intrinsic value is significantly higher than what Deere & Co. is offering.
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