Mayer Brown Advises the Jordan Company and American Freight Group on Sale to Franchise Group
Mayer Brown, a law firm, issued the following news:
Mayer Brown represented The Jordan Company and American Freight Group, Inc. in the sale of American Freight Group, Inc. to Franchise Group, Inc. in an all-cash transaction valued at approximately $450 million. The transaction is expected to close in the first quarter of 2020, following the completion of customary regulatory approvals and closing conditions.
American Freight is a low cost retailer of furniture and mattresses with ove...