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.

Labels: ,


Post a Comment

<< Home