LifeStyle Furnishings divests two more divisions. (Trends & News).LifeStyle Furnishings International Ltd. of High Point, NC, has announced that it will sell two divisions: case good and upholstery maker Lexington Home Brands and upholstery and drapery producer The Robert Allen Robert Allen may refer to:
Lexington Home Brands will be bought by a group of LHB LHB Local Health Board LHB Luteinizing Hormone, Beta Polypeptide LHB Longhorn Band LHB Left Handed Batsman (cricket) LHB Left Halfback (soccer) LHB Line History Block LHB Langley Handbook LHB Loss History Buffer executives led by president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Bob Stec. Corber Corp. of Wayne, NJ, will purchase The Robert Allen Group, which includes Beacon Hill Bea·con Hill An area of Boston, Massachusetts, noted for its historic residences, brick sidewalks, and picturesque mews. Noun 1. Beacon Hill - a fashionable section of Boston; site of the Massachusetts capital building Showrooms. Corber formerly owned Berkline, another LFI LFI Local File Inclusion LFI Link Fragmentation and Interleaving (Cisco) LFI Landesforstinventar (National Forest Inventory, Switzerland) LFI Lethal Force Institute LFI Last File Indicator division. Both deals are expected to close in about 60 days. Terms were not disclosed for either sale. The sell-off of divisions continues a trend begun in December, when LifeStyle sold its Henredon, Drexel Heritage and Maitland-Smith divisions to St. Louis, MO-based Furniture Brands Inc. At the time, the company said it was in negotiation for the sale of three other divisions but described Lexington Home Brands and the Robert Allen Group as its "principal business units." |
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