Brief: Dixie Group Reports Completion Of The Sale Of Its Susan Street Facility
Oct 22 (Reuters) - Dixie Group Inc DXYN.O :
* THE DIXIE GROUP REPORTS THE COMPLETION OF THE SALE OF
ITS SUSAN
STREET FACILITY AND INITIATION OF ITS STOCK BUYBACK PROGRAM
* DIXIE GROUP INC - PRIOR TO COMPLETING PURCHASE AND SALE
AGREEMENT, ENTERED INTO CERTAIN CONSENT AND THIRTEENTH AMENDMENT
TO CREDIT AGREEMENT
* DIXIE GROUP INC - AMENDMENT ALSO ADJUSTED SIZE OF CREDIT
FACILITY TO $120 MILLION AS WELL AS OTHER TERMS RELATIVE TO SALE
OF SANTA ANA PROPERTY
Source text for Eikon: ID:nGNX6tZZ11
Further company coverage: DXYN.O
((Reuters.Briefs@thomsonreuters.com;))
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