LL Flooring Confirms Receipt Of $5.76 Per Share Unsolicited, Non-Binding Proposal From Cabinets To Go, Subsidiary Of F9 Brands
Portfolio Pulse from Benzinga Newsdesk
LL Flooring has received a $5.76 per share unsolicited, non-binding proposal from Cabinets To Go, a subsidiary of F9 Brands. The LL Flooring Board of Directors will review and consider the proposal in the context of the company's strategic plan.
May 30, 2023 | 9:01 pm
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LL Flooring received a $5.76 per share unsolicited proposal from Cabinets To Go, which may impact the company's stock price.
The unsolicited proposal from Cabinets To Go could potentially lead to an acquisition or merger, which may impact LL Flooring's stock price. The Board's decision on whether to accept or reject the proposal will be crucial in determining the short-term price direction.
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