Armstrong World Industries, Inc. AWI has completed its previously announced spin-off of its flooring business into an independent public company, Armstrong Flooring, Inc. AFI. Per the terms of the ...
Lancaster, Pa.-based Armstrong Flooring Inc. has filed for protection under Chapter 11 bankruptcy laws as it continues pursuing sale of the business. The company owes creditors $317.8 million and has ...
A Delaware bankruptcy judge approved the sale of Armstrong Flooring Inc. to Mountville, Pa.-based AHF Products Inc. and Gordon Bros. Commercial & Industrial of Boston for $107 million in cash and ...
Armstrong World Industries said Monday it will spin off its flooring business into a separate, publicly held company. The transaction, leaving Armstrong with the far more profitable ceilings business, ...
Shares of Armstrong Flooring (NYSE:AFI) rose 3.1% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share were down 163.89% year over year to ($0.23), which ...
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 ...
- 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 - ...