US EditionCBJ editorial: HNI’s big acquisition and its gift
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CBJ editorial: HNI’s big acquisition and its gift
There are only a handful of publicly traded companies in the region, so when one of them makes a strategic acquisition, we take notice.Muscatine-based HNI Corporation announced earlier this month that it is acquiring Grand Rapids, Michigan-based Steelcase Inc. in a $2.2 billion deal that will merge two of the largest workplace furniture manufacturers and competitors.“The move goes beyond the hype of a headline: It’s effectively a coronation of a…
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