LANCASTER, Pa.–(BUSINESS WIRE)–Armstrong Flooring, Inc. (NYSE: AFI) (“Armstrong Flooring” or the “Company”) has entered into a definitive agreement to sell its Wood Flooring segment to an affiliate of ...
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Armstrong Flooring said Thursday it has agreed to sell its wood flooring business to a private equity firm for $100 million cash. With the sale to American Industrial Partners, Armstrong will be ...
- Sale Price of $100 million Valued at Approximately 7.2 Times the Wood Flooring Segment’s Trailing Twelve Month Adjusted EBITDA - Cost Optimization Plan to Simplify Operations Following Divestiture - ...
Armstrong Flooring Inc. agreed to sell its wood flooring segment to American Industrial Partners for $100 million. Net proceeds are expected to be $85 million to $90 million.
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