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Dixie Group announces termination of sale and lease back agreement
The Fly

Dixie Group announces termination of sale and lease back agreement

The DixieGroup announced termination of the previously announced agreement for the sale and leaseback of its distribution facility in Adairsville, Georgia. The termination of the agreement was the result of a proposed change in the terms of the purchase by the buyer that the Company deemed unacceptable. In accordance with its previously announced plan, the Company will continue to pursue a sale leaseback opportunity for one of its facilities with other investors.

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