Brief: 1847 Holdings Receives Non-Binding LOI From Potential Strategic Acquirer

1847 Holdings LLC

11/04/2024 13:39

April 11 (Reuters) - 1847 Holdings LLC  EFSH.A :
    * 1847 HOLDINGS LLC -  ON APRIL 10 RECEIVED NON-BINDING
LETTER OF
INTENT FROM A POTENTIAL STRATEGIC ACQUIROR
    * 1847 HOLDINGS LLC - LOI RELATING TO POTENTIAL ACQUISITION
OF ALL
OR SUBSTANTIALLY ALL OF ASSETS OF CO'S SUBSIDIARY, 1847 CABINETS
INC.
    * 1847 HOLDINGS LLC - PURCHASE PRICE FOR ACQUISITION WOULD
BE UP
TO $27 MILLION
    * 1847 HOLDINGS LLC - PURCHASE PRICE TO BE A MIX OF CASH AT
CLOSING AND A MULTIYEAR EARNOUT THAT MAY BE PAID IN CASH OR
PROMISSORY NOTES OF ACQUIROR

Source text for Eikon:  ID:n0001213900-24-032007 
Further company coverage:  EFSH.A 

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