Brief: F9 Investments Proposes To Acquire LL Flooring Holdings For $3.00 Per Share In Cash

Ll Flooring Holdings

14/11/2023 12:54

Nov 14 (Reuters) - LL Flooring Holdings Inc  LL.N :
    * F9 INVESTMENTS PROPOSES TO ACQUIRE LL FLOORING HOLDINGS
FOR
$3.00 PER SHARE IN CASH AND NOMINATES THREE HIGHLY QUALIFIED
DIRECTORS TO THE BOARD
    * F9 INVESTMENTS, LLC: TOM SULLIVAN INTENDS TO NOMINATE 3
CANDIDATES TO LL FLOORING'S BOARD OF DIRECTORS AT 2024 ANNUAL
MEETING OF STOCKHOLDERS
    * F9 INVESTMENTS: PROPOSED OFFER FOR LL FLOORING HOLDINGS IS
NOT
SUBJECT TO ANY FINANCING CONDITION
    * F9 INVESTMENTS: PLAN TO FUND ACQUISITION THROUGH CASH ON
HAND
AND BORROWING UNDER OUR EXISTING REVOLVING CREDIT FACILITY
    * F9 INVESTMENTS: TOGETHER WITH ITS AFFILIATES, COLLECTIVELY
OWNS
ABOUT 8.8% OF LL FLOORING HOLDINGS, INC COMMON STOCK

Source text for Eikon:  ID:nBwQzYB5a 
Further company coverage:  LL.N 

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