Ares, Freeman Spogli to sell 10 mln Floor & Decor shares
Floor & Decor Holdings Inc said Feb. 26 that Ares Management LP and Freeman Spogli Management Co LP plan to sell 10 million shares of company stock in a secondary offering. The selling stockholders also plan to offer 1.5 million additional Floor & Décor shares to the underwriters. JP Morgan Chase and Goldman Sachs are underwriters of the offering. Floor & Decor, a retailer of hard surface flooring and related accessories, went public in April 2017.
26 February 2019•4 mins read
