Armstrong Flooring Makes Statement on Chapter 11 Process
On June 14, 2022, Armstrong Flooring released the following statement regarding the company's Chapter 11 process:
On May 8, 2022, Armstrong Flooring filed for voluntary Chapter 11 protection in order to execute an efficient and value-maximizing sale of the business. Armstrong Flooring has received a number of proposals to acquire all or various parts of our business as a going concern. To support these and other potential “going concern bidders” in finalizing their binding offers, Armstrong Flooring, with the support of its secured lenders and the Creditors Committee, is extending its bid deadline from June 14, 2022 to 12:00 p.m. ET on June 23, 2022.