ALJ Regional Holdings Inc. (fka ALJJ)

[Enterprising Investor]

ALJ Regional Holdings Completes Acquisition Of Las Vegas Based Carpets N' More (4/16/14)

LAS VEGAS, April 16, 2014 /PRNewswire/ -- ALJ Regional Holdings, Inc. (OTC Markets: ALJJ) ("ALJ") completed the acquisition of Floors N More, LLC, DBA, Carpets N' More ("Carpets"). The acquisition provides ALJ with the largest floor covering retailer in Las Vegas and a provider of multiple products for the commercial, retail and home builder markets including all types of flooring, countertops, cabinets, window coverings and garage/closet organizers, with five retail locations, as well as a stone and solid surface fabrication facility. Carpets maintains four unlimited licenses in the State of Nevada for the purposes of provision and installation of all of the product lines above and related materials and services.

Carpets will continue under the leadership of Mr. Steve Chesin and the existing management team. "We are looking forward to a quick integration with Steve and Carpets as we focus the Company towards achieving their growth goals," said Jess Ravich, ALJ's Executive Chairman. Mr. Chesin stated, "This is an exciting time for Carpets and the timing for ALJ could not have been better as the demand for all of our products and services in Las Vegas is exploding in all of our market segments."

http://www.prnewswire.com/news-releases/alj-regional-holdings-completes-acquisition-of-las-vegas-based-carpets-n-more-255554201.html