Brief: Dixie Group Inc - Entry Into Agreement In Principle For Sale Of Its Commercial Business To Mannington Mills, Inc
30/06/2021 11:06
June 30 (Reuters) - Dixie Group Inc DXYN.O :
* DIXIE GROUP INC - ENTRY INTO AGREEMENT IN PRINCIPLE FOR
SALE OF
ITS COMMERCIAL BUSINESS TO MANNINGTON MILLS, INC
* DIXIE GROUP INC - TERMS AND CONDITIONS ARE TO BE FINALIZED
IN
NEAR FUTURE
* DIXIE GROUP INC - WHEN COMPLETED, MANNINGTON WOULD BUY
ATLASMASLAND BUSINESS, INCLUDING CERTAIN TUFTING MACHINES, OTHER
EQUIPMENT AND INVENTORIES
* DIXIE GROUP INC - COMPANY EXPECTS TRANSITION TO TAKE
SEVERAL
MONTHS TO COMPLETE
Source text: https://bit.ly/2TjSaad
Further company coverage: DXYN.O
((Reuters.Briefs@thomsonreuters.com;))
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