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HNI Advances Merger with Steelcase After HSR Expiry

Story Highlights
  • HNI’s merger with Steelcase progresses as the antitrust waiting period expired.
  • Completion of the merger depends on meeting conditions, with potential risks affecting benefits.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
HNI Advances Merger with Steelcase After HSR Expiry

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HNI ( (HNI) ) just unveiled an update.

HNI Corporation announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act for its merger with Steelcase Inc. expired on October 31, 2025, which is a key step towards finalizing the merger. The completion of the transaction is contingent upon satisfying other customary conditions, including shareholder approvals, and carries potential risks such as regulatory hurdles and integration challenges that could impact the anticipated benefits of the merger.

The most recent analyst rating on (HNI) stock is a Buy with a $60.00 price target. To see the full list of analyst forecasts on HNI stock, see the HNI Stock Forecast page.

Spark’s Take on HNI Stock

According to Spark, TipRanks’ AI Analyst, HNI is a Outperform.

HNI’s overall stock score is driven by strong financial performance and a positive earnings call outlook, particularly in the Workplace Furnishings segment. However, technical indicators suggest a bearish trend, and cash flow challenges pose risks to financial flexibility.

To see Spark’s full report on HNI stock, click here.

More about HNI

Average Trading Volume: 744,859

Technical Sentiment Signal: Sell

Current Market Cap: $1.88B

For an in-depth examination of HNI stock, go to TipRanks’ Overview page.

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