The Online Investor

Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Fri., Feb. 3, 12:30 PM

Slide #87. Live Ventures Incorporated Flooring Liquidators, Inc.

Acquirer: Live Ventures Incorporated (NASDAQ:LIVE)
Acquiree: Flooring Liquidators, Inc.
Details: Live Ventures Incorporated (Nasdaq: LIVE), a diversified holding company ("Live Ventures"), has acquired the outstanding equity interests of Flooring Liquidators, Inc., a leading retailer and installer of floors, carpets, and countertops to consumers, builders and contractors in California and Nevada ("Flooring Liquidators"). The transaction, valued at approximately $84 million, was financed through a combination of cash, debt, including a $5 million note from Isaac Capital Group_, and the issuance of 116,441 shares of our common stock, representing a 3.78% dilution of Live Ventures' fully diluted common stock.

Live Ventures is a holding company. Through its subsidiaries, Co. focuses on acquisitions of domestic companies. Co.'s segments are: Retail, Flooring Manufacturing, Steel Manufacturing, and Corporate and Other. The Retail segment includes Co.'s subsidiary, Vintage Stock, Inc., which engages in the retail sale of new and used movies, music, collectibles and others. The Flooring Manufacturing segment includes Co.'s subsidiary, Marquis Industries, Inc., which manufactures and sells carpet, vinyl and wood floorcoverings. The Steel Manufacturing Segment includes Co.'s subsidiary, Precision Industries, Inc., which manufactures and sells alloy and steel plates, ground flat stock and drill rods.

Open the LIVE Page at The Online Investor »

Company Name: 
Live Ventures Inc
Website: 
www.liveventures.com
Sector: 
Specialty Retail
Number of ETFs Holding LIVE: 
3
Total Market Value Held by ETFs: 
$2.16M
Total Market Capitalization: 
$102.00M
% of Market Cap. Held by ETFs: 
2.12%
 

Open the LIVE Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree LIVE Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Strong Buy (4.00 out of 4)
86th percentile
(ranked higher than approx. 86% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Mergers & Acquisitions Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2023, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.