Armstrong Flooring Inc

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Armstrong Flooring, Inc. engages in the production of flooring products. It operates through the Resilient Flooring and Wood Flooring segments. The Resilient Flooring segment designs, manufactures, sources, and sells a range of floor coverings primarily for homes and commercial buildings under various brands, including the Armstrong brand. The Wood Flooring segment includes branded hardwood flooring products including the Armstrong and Bruce brands, for use in residential construction and renovation, with some commercial applications in stores, restaurants, and offices. The company was founded in 2015 and is headquartered in Lancaster, PA.

LANCASTER, Pa., July 11, 2022 (GLOBE NEWSWIRE) -- Armstrong Flooring, Inc. (OTC: AFIIQ), a leader in the design and manufacture of innovative flooring solutions (“Armstrong Flooring” or “the Company”), today announced that, in continuation of its ongoing Chapter 11 restructuring, the auction held as a part of its court-supervised sale process has concluded with the following bids deemed as the highest and best offers:

Armstrong Flooring Announces Results of Chapter 11 Auction for Chinese and Australian Businesses

LANCASTER, Pa., July 10, 2022 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Armstrong Flooring, Inc. (OTC: AFIIQ), please note in paragraph 5, Michel Vermette's quote said "North American", when it should have said "Australian". The corrected release follows:

CORRECTION -- Armstrong Flooring Announces Successful Bid for North American Business and Binding Bids to Acquire Chinese and Australian Businesses

LANCASTER, Pa., July 10, 2022 (GLOBE NEWSWIRE) -- Armstrong Flooring, Inc. (OTC: AFIIQ), a leader in the design and manufacture of innovative flooring solutions (“Armstrong Flooring” or “the Company”), today announced that it has entered into a binding Asset Purchase Agreement with a consortium of buyers consisting of AHF, LLC and Gordon Brothers pursuant to which these buyers will acquire substantially all Armstrong Flooring Inc.'s North American assets for $107 million in cash and assumption of specified assumed liabilities. This binding Asset Purchase Agreement was the culmination of the Company's Chapter 11 auction process for its North American assets.

Armstrong Flooring Announces Successful Bid for North American Business and Binding Bids to Acquire Chinese and Australian Businesses

News for Armstrong Flooring Inc Stock (AFIIQ)