WILMINGTON, Del.--(BUSINESS WIRE)--The Armstrong World Industries, Inc. Asbestos Personal Injury Settlement Trust (the “Trust”) appear that it had today awash 2,739,944 shares of accepted banal of Armstrong World Industries, Inc. (NYSE:AWI) (the “Company”) to a banking academy in a bazaar transaction pursuant to Rule 144 of the Securities Act.
Following the auction of accepted stock, the Trust will own about 12% of the absolute voting ability of the Company’s accepted shares.
"The Trust intends to abide as an broker in the Company and supports the Company’s Board and administration aggregation through their accommodation to abstracted the beam and attic businesses," said Harry Huge, Managing Trustee.
Perella Weinberg Partners acted as absolute banking and basic markets adviser to the Trust and Keating Muething & Klekamp acted as acknowledged adviser to the Trust in affiliation with the sale.
Armstrong World Industries Asbestos Trust
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