Richmond, VA, June 26, 2023-LL Flooring Holdings announced that its board of directors has unanimously rejected an unsolicited, non-binding proposal from Cabinets To Go, a subsidiary of F9 Brands, 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.
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