m_and_a
confidence high
sentiment positive
materiality 0.85
HNI and Steelcase shareholders approve acquisition; closing expected Dec 10, 2025
HNI CORP
- HNI shareholders approved stock issuance for Steelcase acquisition (96.88% of votes cast; ~84.52% of outstanding).
- Steelcase shareholders approved Merger Agreement adoption (99.60% of votes cast; ~69.93% of outstanding).
- Transaction anticipated to close on December 10, 2025, subject to customary closing conditions.
item 5.07item 7.01item 9.01