On August 17, 2023, F9 Investments, LLC and Cabinets to Go, LLC announced that it has sent a letter to the CEO and Chairperson of the Board to LL Flooring Holdings, Inc. withdrawing the offer set forth in the letter of May 26, 2023, and confirmed in the letter dated June 9, 2023, to acquire all of the outstanding shares of LL for $5.76 per share of Common Stock in light of LL?s deteriorating financial and operational performance and eroding value, as disclosed in LL?s second quarter 2023 results.
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5-day change | 1st Jan Change | ||
1.65 USD | -0.60% | -5.17% | -57.69% |
05-28 | F9 Investments Solicits Proxies from Shareholders of LL Flooring Holdings | CI |
05-24 | LL Flooring Holdings Solicits Proxies from Shareholders | CI |
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- F9 Investments, LLC Withdraws its Offer