Brief: Flexsteel Confirms Receipt Of Unsolicited Proposal From CSC Generation Holdings

Flexsteel Industries

24/08/2022 23:49

Aug 24 (Reuters) - 
    * FLEXSTEEL CONFIRMS RECEIPT OF UNSOLICITED PROPOSAL FROM
CSC
GENERATION HOLDINGS
    * FLEXSTEEL INDUSTRIES-PRIOR TO TODAY'S PUBLIC PROPOSAL,
FLEXSTEEL
HAD NO INTERACTION WITH CSC GENERATION HOLDINGS OR ANY KNOWLEDGE
OF ITS PROPOSAL
    * FLEXSTEEL INDUSTRIES - RECEIVED UNSOLICITED PRELIMINARY
PROPOSAL
FROM CSC GENERATION TO ACQUIRE ALL OUTSTANDING SHARES OF CO FOR
$20.80 PER SHARE IN CASH
    * FLEXSTEEL INDUSTRIES - COMPANY DOES NOT INTEND TO COMMENT
FURTHER ON CSC GENERATION HOLDINGS' PROPOSAL UNTIL BOARD HAS
COMPLETED ITS REVIEW

Source text for Eikon:  ID:nBw5Knlg9a 
Further company coverage:  FLXS.O 

 ((Reuters.Briefs@thomsonreuters.com;))