From 13D Tracker
In an amended 13D filing on La-Z-Boy Inc. (NYSE: LZB),
MLF Investments disclosed a 7% stake (3.6 million shares) in the
company. This is up from the 5.9% stake the firm disclosed in their
original 13D filing in February.
The firm said the aggregate cost of is 3,618,218 shares is
approximately $45,076,717 (about $12.46/share – stock currently at
$12.72).
In the original filing, MLF Investments said they support the
company’s management and their plans and programs of focusing on the
La-Z-Boy brand, improving manufacturing efficiency and maximizing the
potential of its distribution network, the La-Z-Boy Furniture
Galleries. The firm also said it is their intention to offer to help
the company strategically if such opportunities present themselves.
From 13D Tracker
In an amended 13D filing on La-Z-Boy Inc. (NYSE: LZB),MLF Investments disclosed a 7% stake (3.6 million shares) in thecompany. This is up from the 5.9% stake the firm disclosed in theiroriginal 13D filing in February.
The firm said the aggregate cost of is 3,618,218 shares isapproximately $45,076,717 (about $12.46/share – stock currently at$12.72).
In the original filing, MLF Investments said they support thecompany’s management and their plans and programs of focusing on theLa-Z-Boy brand, improving manufacturing efficiency and maximizing thepotential of its distribution network, the La-Z-Boy FurnitureGalleries. The firm also said it is their intention to offer to helpthe company strategically if such opportunities present themselves.
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