RICHMOND, Va. — In an abrupt reversal just days after announcing it would go out of business entirely, LL Flooring may have a new lease on life thanks to an eleventh-hour deal with its founder and former CEO.
The bankrupt Henrico-based retailer on Friday said it struck an agreement for a “going-concern” sale to F9 Investments, a firm run by Thomas Sullivan, who founded LL as Lumber Liquidators 30 years ago.
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