East Lampeter-Township-based Armstrong Flooring Inc. said this morning it has adjourned negotiations with bidders for its North American assets and the company as a whole.
At the union’s request, bidding procedures were amended to make sure a “going-concern” buyer states its position on employee contracts, retiree benefits and pensions.
Armstrong Flooring secures $24M in loans to keep company operating as it reorganizes, seeks buyer lancasteronline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lancasteronline.com Daily Mail and Mail on Sunday newspapers.