Item 7.01 Regulation FD Disclosure.
On Monday, September 13, 2021, The Dixie Group, Inc. (the "Company") announced
that it had entered into a final agreement for the sale of its AtlasMasland
commercial business to Mannington Mills, Inc. The transfer of inventory and
equipment, pursuant to the terms of the agreement and commencement of operations
pursuant to a transition services agreement between the parties began on the
weekend of September 11, 2021.
Negotiations for the sale were conducted pursuant to the terms of a non-binding
letter of intent between the parties previously announced on June 30, 2021 and a
definitive agreement on terms was reached September 13, 2021. The final details
of the transaction, including pro forma information required by applicable
Securities and Exchange Act rules, will be announced on a current Report on Form
8-K to be filed by the Company on or before September 17, 2021.
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