Live Ventures Submits Proposal to Acquire LL Flooring for $5.85 Per Share in Cash
All-Cash Offer Represents 106% Premium to Company's Closing Price as of October 6, 2023 and Provides Shareholders with Certainty, Full and Fair Value and Immediate Liquidity
Live Ventures' Experience in the Retail and Flooring Industries and Successful Track Record of Shareholder Value Creation Make it the Ideal Partner for LL Flooring
Live Ventures Incorporated (NASDAQ:LIVE), a diversified holding company specializing in the retail and flooring industries, today released the below correspondence sent to LL Flooring Holdings, Inc. (NYSE:LL), which details Live Ventures Incorporated's $5.85 per share all-cash acquisition proposal.
***
October 11, 2023
Board of Directors (the "Board