Shares of LL Flooring Holdings Inc. LL rallied 4.7% in premarket trading Monday after the wood flooring company said it has rejected a hostile cash buyout bid of $5.76 as share from F9 Brands Inc. subsidiary Cabinets To Go LLC. The bid represents a 34.3% premium to Friday’s closing price of $4.29. The company had confirmed in late-May that it had received a buyout bid, but at that time did not disclosed the per-share bid. LL Flooring said it determined the $5.
76 as share from F9 Brands Inc. subsidiary Cabinets To Go LLC. The bid represents a 34.3% premium to Friday’s closing price of $4.29. The company had confirmed in late-May that it had received a buyout bid, but at that time did not disclosed the per-share bid. LL Flooring said it determined the $5.76-per-share bid “significantly undervalues” the worth of the company. “If you were to significantly increase your $5.
Colombia Últimas Noticias, Colombia Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Study reveals racist discrimination in Austrian housing marketAustrian landlords discriminate against people with Muslim backgrounds, shows study commissioned by Ombud for Equal Treatment
Leer más »