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HNI and Steelcase Announce Preliminary Merger Consideration Election Results
ByAinvest
Friday, Dec 5, 2025 7:03 am ET1min read
HNI Corporation and Steelcase Inc. announced preliminary results for the election of merger consideration for Steelcase shareholders. The results show that 95,489,941 shares of Steelcase Common Stock elected to receive the Mixed Consideration. The Transaction is subject to approval by HNI and Steelcase shareholders and customary closing conditions. The Mixed Consideration includes 0.2192 shares of HNI Common Stock and $7.20 in cash.
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