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HNI Corporation (HNI)
After hours:
- Motley Fool
Why Kimball Stock Is Up Big and HNI Is Headed in the Other Direction
Furniture maker HNI (NYSE: HNI) is paying up to acquire Kimball International (NASDAQ: KBAL), and that has shareholders on edge. Shares of Kimball are up more than 80%, and HNI shares are down as much as 17%, as Wall Street digests the particulars of this transaction. It has been a tough year for goods makers, and furniture manufacturers HNI and Kimball are no exceptions.
- Business Wire
HNI Corporation to Acquire Kimball International
MUSCATINE, Iowa & JASPER, Ind., March 08, 2023--HNI Corporation (NYSE: HNI) and Kimball International, Inc. (NASDAQ: KBAL) today announced that they have entered into a definitive agreement under which HNI will acquire all the outstanding shares of Kimball International in a cash and stock transaction valued at approximately $485 million.
- Business Wire
HNI Corporation Reports Earnings for Fourth Quarter and Fiscal Year 2022
MUSCATINE, Iowa, February 23, 2023--HNI Corporation Reports Earnings for Fourth Quarter and Fiscal Year 2022
