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Mayer Brown Advises the Jordan Company and American Freight Group on Sale to Franchise Group

Jan 01, 2020 - Targeted News Service
Mergers and Acquisitions

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...