Furniture Brands International Inc. this morning announced that it has agreed to sell its Hickory Business Furniture unit to HNI Corp. for $75 million.
The all-cash sale should be completed in the first quarter, Clayton-based Furniture Brands said.
03.17.2008 9:29 am
Furniture Brands sells Hickory Business Furniture unit
By: Doug Wong
St. Louis Post-Dispatch
Article printed from Business News: http://www.stltoday.com/blogzone/business-news
URL to article: http://www.stltoday.com/blogzone/business-news/biz-buzz/2008/03/furniture-brands-sells-hickory-business-furniture-unit/
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