M&A
confidence high
sentiment neutral
materiality 0.85
Herman Miller and Knoll shareholders approve merger; expected to close July 19
MILLERKNOLL, INC.
- Shareholders of both companies voted overwhelmingly to approve the merger.
- Knoll shareholders will receive $11.00 cash plus 0.32 Herman Miller shares per Knoll share.
- Herman Miller shareholder vote: 49,426,907 for, 390,296 against, 133,118 abstentions.
- Transaction expected to close on Monday, July 19, 2021, subject to remaining conditions.