Industry And Cluster | News & Insights

Shareholders of Herman Miller and Knoll have approved merger-related proposals

Published: July 15, 2021
Author: Manali bhanushali

Herman Miller, Inc. (“Herman Miller”) and Knoll, Inc. (“Knoll”) announced today that at their respective special meetings, Herman Miller and Knoll shareholders overwhelmingly accepted the proposals necessary to complete Herman Miller’s planned purchase of Knoll.

Knoll stockholders will receive $11.00 in cash and 0.32 shares of Herman Miller common stock for each share of Knoll common stock they possess upon completion of the deal.
The deal is presently scheduled to close on Monday, July 19, 2021, subject to the satisfaction or waiver of all outstanding closing conditions.

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