MUSCATINE, Iowa, June 01, 2023--HNI Corporation Completes Acquisition of Kimball International
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, Inc. Kimball International is a leading omnichannel commercial furnishings company with deep expertise in the Workplace, Health, and Hospitality segments. We combine our bold entrepreneurial spirit, a history
Kimball International (KBAL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).