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Leggett & Platt signs agreement for sale of Aerospace Products Group

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Leggett & Platt signs agreement for sale of Aerospace Products Group

Leggett & Platt has signed an agreement to sell its Aerospace Products Group to affiliated funds managed by Tinicum for a cash purchase price of $285 million.The transaction is expected to close this year. The after-tax cash proceeds are expected to be approximately $240 million.The Aerospace Pr...

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