LL Flooring gains on exploring sale

Ll Flooring Holdings

14/08/2023 22:27

** Shares of home furnishing retailer LL Flooring  LL.N  up
13.3% at $4.25 in extended trading 
    ** Co says it is exploring strategic alternatives including
a potential sale and merger or other strategic transactions
    ** Says it has received multiple expressions of interest
regarding a potential transaction with Co 
     ** Co had disclosed in June that it received an unsolicited
$5.76/shr buyout offer from Cabinets To Go, a unit of F9 Brands
    ** Up to last close, stock was down 33.3% YTD 

 (Reporting by Sourasis Bose in Bengaluru)
 ((Sourasis.bose@thomsonreuters.com))