LL Flooring Said Received A Number Of Preliminary Bids And Several Second-round Bids In Connection With Sale Process Of Sandston, VA Distribution Center
Portfolio Pulse from Benzinga Newsdesk
LL Flooring has received multiple preliminary and second-round bids for the sale of its Sandston, VA distribution center.
June 28, 2024 | 12:06 pm
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LL Flooring has received multiple preliminary and second-round bids for the sale of its Sandston, VA distribution center, indicating strong interest from potential buyers.
The receipt of multiple bids suggests strong interest in the asset, which could lead to a favorable sale price. This is likely to be viewed positively by investors as it may improve LL Flooring's liquidity and financial position.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100