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STEELCASE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Steelcase Inc. - SCS

1. HNI Corporation proposes to acquire Steelcase Inc. in a cash and stock deal. 2. Shareholders of Steelcase will receive $7.20 and HNI shares for each Steelcase share.

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Why Bullish?

HNI's acquisition of Steelcase may enhance its market position and revenue potential, similar to past successful M&As that positively influenced stock prices.

How important is it?

The acquisition strategy may significantly impact HNI's operational scale and market strategy, which is pivotal for HNI's growth in the near term.

Why Short Term?

Initial market reactions to acquisitions can be immediate, with price moves expected following the announcement period.

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SCSSCSM&AHNI
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Steelcase Inc. (NYSE: SCS) to HNI Corporation (NYSE: HNI). Under the terms of the proposed transaction, shareholders of Steelcase will receive $7.20 in cash and 0.2192 shares of HNI common stock for each share of Steelcase that they own. KSF is seeking to determine whether this consideration and the.

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