Furniture Brands Announces Court Approval for Enhanced "Stalking Horse" Bid for Company's Assets
October 03, 2013 at 11:55 AM EDT
Furniture Brands International (OTC: FBNI) today announced that it has entered into an asset purchase agreement with KPS Capital Partners L.P. ("KPS") to acquire substantially all of the Company's assets for $280 million, including the Company's Lane business. In addition, Furniture Brands has filed a motion seeking authorization from the U.S.…Furniture
