​Private Equity Firm Sweeps Up Bankrupt LL Flooring, Which Will Stay In Business After All – Tyler Durden

Private Equity Firm Sweeps Up Bankrupt LL Flooring, Which Will Stay In Business After All By Daphne Howland of RetailDive Summary After declaring it would liquidate because no buyer could be found, LL Flooring on Friday said it has signed an agreement with private equity firm F9 Investments, its largest shareholder, for a going-concern sale of the business.  The deal is expected to close at the end of the month, subject to approval by the U.S. Bankruptcy Court for the District of Delaware and closing conditions. LL Flooring, formerly known as Lumber Liquidators, filed under Chapter 11 last month with plans…  — Continue at ZeroHedge News : Read More