LL - Hard-Surface Flooring Retailer LL Flooring's Shares Are Ticking Higher: What's Going On? | Benzinga

Private equity firm F9 Investments, LLC has proposed to acquire all the issued and outstanding shares of common stock of LL Flooring Holdings Inc (NYSE: LL) for $3.00 per share.

F9 Investments, together with its affiliates, collectively owns approximately 8.8% of LL Flooring Holdings.

The proposed offer will be fully financed through cash on hand and borrowing under an existing revolving credit facility from an affiliate of F9. 

F9 noted that the value being offered reflects LL Flooring's deteriorating financial and operational performance, as Full story available on Benzinga.com