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HNI Corporation (NYSE: HNI) announced today the completion of its acquisition of Kimball International, Inc. (NASDAQ: KBAL), a leading commercial furnishings company with expertise in workplace, health, and hospitality. “The completion of the Kimball International acquisition represe...
JASPER, Ind., May 31, 2023 (GLOBE NEWSWIRE) -- Kimball International, Inc. (NASDAQ: KBAL) today announced that its shareholders approved the adoption of the merger agreement with HNI Corporation (NYSE: HNI). The transaction is expected to close on June 1, 2023. About Kimball International...
2023-05-31 10:43:41 ET Summary HNI Corporation's acquisition of Kimball raises concerns due to the potential downturn in office furniture sales and increased debt load. Weakness in HNI's Residential Building Products segment could be a structural issue, not just cyclical, as gas f...
2023-05-04 16:40:01 ET Kimball International press release ( NASDAQ: KBAL ): FQ3 Non-GAAP EPS of $0.30. Revenue of $166.2M (-8.1% Y/Y). Backlog of $134.5 million. For further details see: Kimball International reports Q1 results
—Fifth Consecutive Quarter of Gross Margin Expansion— —Industry-Leading Operational Performance at Pre-Pandemic Levels— —34% Growth in Adjusted EBITDA Year-Over-Year— JASPER, Ind., May 04, 2023 (GLOBE NEWSWIRE) -- Kimball International, ...
JASPER, Ind., April 20, 2023 (GLOBE NEWSWIRE) -- Kimball International, Inc. (NASDAQ: KBAL) will announce its third quarter fiscal year 2023 financial results on Thursday, May 4, 2023, after the close of the market. In light of the pending acquisition by HNI Corporation, and as is customary ...
NEW YORK, NY / ACCESSWIRE / March 23, 2023 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Seagen Inc. (NASDAQ:SGEN)'s sale t...
NEW YORK, NY / ACCESSWIRE / March 19, 2023 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Momentive Global Inc. (NASDAQ:MNTV)'...
2023-03-16 18:11:56 ET Summary HNI Corporation has seen headwinds materialize heading into 2023 as the building and workplace market is set to cool down. Amidst a carnage in the regional banking sector, the company announced the purchase of Kimball. The deal will add some leve...
NEW YORK, NY / ACCESSWIRE/ March 12, 2023 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Diversey Holdings, Ltd. (NASDAQ:DS...
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HNI Corporation (NYSE: HNI) announced today the completion of its acquisition of Kimball International, Inc. (NASDAQ: KBAL), a leading commercial furnishings company with expertise in workplace, health, and hospitality. “The completion of the Kimball International acquisition represe...
JASPER, Ind., May 31, 2023 (GLOBE NEWSWIRE) -- Kimball International, Inc. (NASDAQ: KBAL) today announced that its shareholders approved the adoption of the merger agreement with HNI Corporation (NYSE: HNI). The transaction is expected to close on June 1, 2023. About Kimball International...
—Fifth Consecutive Quarter of Gross Margin Expansion— —Industry-Leading Operational Performance at Pre-Pandemic Levels— —34% Growth in Adjusted EBITDA Year-Over-Year— JASPER, Ind., May 04, 2023 (GLOBE NEWSWIRE) -- Kimball International, ...