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.
