Announced
Financials
Tags
United States
Household Equipment and Products
flooring company
Acquisition
Majority
Domestic
Public
Pending
Friendly
Single Bidder
Synopsis
Live Ventures Incorporated, a diversified holding company, agreed to acquire LL Flooring Holdings, a compny that offers products including hardwood flooring, laminate, bamboo, vinyl plank, installation products, porcelain tile, cork and hardwood flooring enhancements and accessories, for $194.4m. We believe that adding LL Flooring to the Live Ventures portfolio will help the Company thrive and be a major catalyst for our buy-build-hold strategy, which has delivered enhanced shareholder value since I joined as Chief Executive Officer in 2012 and began refocusing our company’s strategy.
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