Lumber Liquidators Sets IPO Terms

Lumber Liquidators Inc., a Toano, Va.-based direct retailer of hardwood flooring, has set its IPO terms to 11.5 million common shares being offered at between $12 and $14 per share. It plans to trade on the NYSE under ticker symbol LL, with Goldman Sachs and Merrill Lynch serving as co-lead underwriters. TA Associates holds a 34.6% pre-IPO position, based on a $35 million private equity infusion in December 2004. www.lumberliquidators.com