Herman Miller completes Knoll acquisition; pro forma net sales $3.6B, EPS $1.45

MILLERKNOLL, INC.

Acquisition closed July 19, 2021; total consideration ~$1.8B: 0.32 shares + $11.00 cash per Knoll share.
Pro forma combined net sales for FY21 ended May 29, 2021: $3.606B; net earnings to common $111.3M.
Pro forma basic EPS $1.48, diluted EPS $1.45; shares used: 75.2M basic, 76.5M diluted.
Pro forma balance sheet: total assets $4.41B, long-term debt $1.28B, goodwill $1.28B.
Amended 8-K provides required historical and pro forma financials under Item 9.01.

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