Congoleum Corp. has announced that Congoleum and the trustee for Congoleum's 8 5/8 percent senior notes due 2008 have adopted certain amendments to the indenture governing the notes.
Ed Weith and Greg Elsen, both formerly of Ohio Valley Flooring, have recently signed an employment agreement with the option and intent to ultimately purchase Dealers Supply North (DSN) at a later date.
American Biltrite Inc. has reported that it plans to sell or otherwise dispose of
its Janus pre-finished hardwood flooring business and will record a charge
to second quarter earnings in connection with the planned disposition.
The bankruptcy court in Greensboro, N.C., has approved an amended acquisition proposal of $614 million (subject to
adjustment) from WL Ross & Co. LLC as the highest and best received from the
auction conducted on July 28, 2003.
Congoleum Corp. has announced that it is seeking bondholders' approval of certain amendments to the indenture governing its 8 5/8 percent senior notes due 2008.
Six floor covering distributors in the Seattle-Tacoma area hosted Floor-A-Palooza, a one-day sales event for retail customers, 10 a.m. to 3 p.m. July 25.
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