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Flexsteel Industries Inc. (Nasdaq: FLXS) has commenced a tender offer for all outstanding shares of common stock in Louisville-based DMI Furniture Inc. (Nasdaq: DMIF), according to a news release.
Flexsteel Industries, Inc., the nation’s eighth largest furniture manufacturer. The new corporate office will feature Flexsteel’s world-class products throughout, including their DMI commercial.
Flexsteel, which primarily sells upholstered furniture, said in the release that it is purchasing DMI to expand its product offerings. dmi furniture is manufacturer, importer and marketer of.
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