Ll flooring board of directors unanimously rejects unsolicited proposal from cabinets to go, subsidiary of f9 brands, inc.

Richmond, va.--(business wire)--ll flooring holdings, inc. (“ll flooring” or “company”) (nyse: ll) today announced that its board of directors has unanimously rejected an unsolicited, non-binding proposal from cabinets to go, llc (“cabinets to go”), a subsidiary of f9 brands, inc., to acquire all of ll flooring's outstanding shares for $5.76 per share in cash. the company previously acknowledged receipt of the unsolicited proposal from cabinets to go on may 30, 2023. the ll flooring board and m.
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