Home Depot rival saved - but half of stores will still shutter for good as old owner gets his way in bankruptcy battle

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Home Depot rival saved - but half of stores will still shutter for good as old owner gets his way in bankruptcy battle

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After securing a last-minute buyer, one of America's biggest flooring suppliers is reversing course on shutting down all of its stores. LL Flooring - previously known as Lumber Liquidators - said last week it was going out of business after three decades. It has emerged that bosses have now signed a deal private equity firm F9 Investments for a sale of its business. F9 is owned by Tom Sullivan, who founded Lumber Liquidators over 30 years ago before leaving in 2017.
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