1847 Holdings CEO Ellery Roberts Updates On Strategic Transactions, Nearing Deal To Acquire Millwork Manufacturer For $16.75M And Engaged In Active Sale Discussions; Focused On Restructuring And Debt Repayment To Improve Capital Structure
Portfolio Pulse from Benzinga Newsdesk
1847 Holdings CEO Ellery Roberts announced that the company is nearing a deal to acquire a millwork manufacturer for $16.75 million. The company is also engaged in active sale discussions and is focused on restructuring and debt repayment to improve its capital structure.
June 10, 2024 | 12:09 pm
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1847 Holdings is nearing a $16.75M acquisition of a millwork manufacturer and is engaged in active sale discussions. The company is also focusing on restructuring and debt repayment to improve its capital structure.
The acquisition and active sale discussions indicate strategic growth and potential revenue increase for 1847 Holdings. The focus on restructuring and debt repayment is likely to improve the company's financial health, positively impacting its stock price in the short term.
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