Live Ventures Submits Proposal to Acquire LL Flooring for $5.85 Per Share in Cash
Live Ventures Incorporated (Nasdaq: LIVE), a diversified holding company specializing in the retail and flooring industries, today released the below correspondence sent to LL Flooring Holdings, Inc. (NYSE:
LL), which details Live Ventures Incorporated’s $5.85 per share all-cash acquisition proposal.
Live Ventures Announces Acquisition of Flooring Liquidators, Inc. for $84 millionLatest acquisition to the Live Ventures portfolio reinforces strategy and adds significant new revenue stream of approximately $125 Million per year - about a 50% increase in annual sales
