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$LL Flooring (LL.US)$ Live Ventures, a diversified holding company, said early Thursday it had sent a letter to LL Flooring's board on Wednesday containing the offer.
The deal would give LL Flooring, formerly known as Lumber Liquidators, an equity value of $194.4 million, according to Live Ventures.
LL Flooring said it didn't intend to comment further on the bid until the board's review of the offer was complete.