[Dalton] Engineered Floors, LLC has reached a letter of intent agreement in principle to purchase substantially all of the operating assets of Beaulieu Group, LLC. According to the company, the transaction will be contingent upon approvals through the bankruptcy court and due diligence processes. Engineered Floors announced that pending government approvals, the transaction is expected to close in the fourth quarter of 2017. This post will be updated as more information becomes available.
Source: EF reaches letter of intent for assets of Beaulieu | Features | Floor Covering Weekly