MLHR News and Press, Herman Miller Inc. From 04/30/21

ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. A reflation trade begun in November continued, driving a ...

Merger activity remained steady last week with six new deals announced. Kansas City Southern receives new superior offer. Three new bank mergers announced last week. For further details see: Merger Arbitrage Mondays - Bank Mergers Dominate

Herman Miller bought Knoll for $1.8 billion. Their namesake brands are directly competitive. Herman Miller didn't get a pandemic discount since Knoll's stock doubled from its bottom and Herman Miller paid a 45% premium. I prefer organic growth. Acquisitions should give a company g...

This Herman Miller (NASDAQ: MLHR) report helps #investors and #traders identify both opportunity, and potential #redflags by using the price action of the stock.  The trading plans for MLHR have risk controls, and that make these observations both opportunistic and defe...

Coca-Cola 's (NYSE: KO) first-quarter profits come in higher than expected. Harley-Davidson (NYSE: HOG) shares popped 10% on upbeat full-year guidance. Herman Miller (NASDAQ: MLHR) is buying Knoll (NYSE: KNL) , in a furniture industry merger that sends one st...

Herman Miller yesterday acquired Knoll for $1.8 billion. Knoll's stock was up +35%, whereas Herman Miller was down -9% at the news. Using 16x EV/EBITDA multiple from Herman Miller and Knoll acquisition, we get an implied upside for Kimball of 112%, or an attractive $30 price targe...

Shares of office furniture maker Knoll (NYSE: KNL) surged upward by 34% as trading got underway on Monday. At the same time, competitor Herman Miller (NASDAQ: MLHR) saw its stock drop 12.5%. The news driving both moves was exactly the same, and investors' responses here were...

Mer Telemanagement Solutions (MTSL) -13%.Herman Miller (MLHR) -12% on acquiring Knoll for $1.8B.Lordstown Motors (RIDE) -9% after Endurance fails to finish Baja race.Globalstar (GSAT) -8%.Future FinTech Group (FTFT) -7% on announcing the closing of the acqui...

Herman Miller (MLHR) and Knoll (KNL) entered into a definitive agreement wherein the former will acquire the latter in a cash and stock transaction valued at $1.8B.Transaction expected to close by end of Q3 of calendar year 2021 wherein Herman Miller shareholders will own ~78% of th...

Brings Together Complementary Portfolios of Exceptional Brands for Commercial and Residential Settings Enhances Scale and Capabilities to Drive Growth and Profitability Accelerates Digital Transformation Drives Strong Financial Benefits Including $100 Million in ...