Hooker Furniture to purchase Triad firm for $100M
Story Date: 1/7/2016

 

Source: Katie Arcieri, TRIAD BUSINESS JOURNAL, 1/6/16

Furniture importer and manufacturer Hooker Furniture will buy High Point -based Home Meridian International in a $100 million deal. It will be the largest acquisition made by Hooker Furniture (NASDAQ: HOFT) in its 91-year history, more than doubling the size of the Martinsville, Va.-based company.

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