Stanley Furniture Sees Q4 2017 Sales About $11.9 Million [Reuters]
HG HOLDINGS INC (STLY)
US:NASDAQ Investor Relations:
stanleyfurniture.com/investor-relations/at-a-glance
Company Research
Source: Reuters
Stanley Furniture Company Inc (STLY.OQ) Key Developments | Reuters.com Jan 23 (Reuters) - Stanley Furniture Company Inc ::STANLEY FURNITURE ANNOUNCES PRELIMINARY FOURTH QUARTER SALES AND NET LOSS; AMENDMENT TO AGREEMENT TO SELL SUBSTANTIALLY ALL OF ITS ASSETS.SEES Q4 2017 SALES ABOUT $11.9 MILLION.STANLEY FURNITURE COMPANY - ENTERED INTO AMENDMENT TO AGREEMENT TO SELL SUBSTANTIALLY ASSETS TO CHURCHILL DOWNS PROVIDING FOR REVISED PURCHASE PRICE.? AMENDED AGREEMENT CONTINUES TO PROVIDE FOR CHURCHILL DOWNS TO ASSUME SUBSTANTIALLY ALL THE COMPANY'S LIABILITIES?.STANLEY FURNITURE COMPANY - AMENDMENT PROVIDES CO WITH A GO-SHOP PERIOD DURING WHICH IT WILL ACTIVELY SOLICIT ALTERNATIVE PROPOSALS FROM THIRD PARTIES.STANLEY FURNITURE COMPANY - AMENDMENT PROVIDES CO WITH A GO-SHOP PERIOD FOR NEXT 14 DAYS CONCLUDING ON FEBRUARY 5, 2018.SEES Q4 2017 NET LOSS OF APPROXIMATELY $6.7 MILLION.STANLEY- AGREEMENT WITH CHURCHILL PROVIDES FOR PURCHASE PRICE TOTALING $18.4 MILLION & 5% EQUITY INTEREST IN BUY
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