Herman Miller and Knoll to combine in deal valued at $1.8 billion, create leader in office and home design

Herman Miller Inc.
MLHR,
+1.21%
and Knoll Inc.
KNL,
+1.77%
said Monday they have agreed to combine in a cash-and-stock deal valued at $1.8 billion that will create a leader in modern design for the home and office. Under the terms of the deal, Knoll shareholders will receive $11 in cash and 0.32 shares of Hermann Miller for each share owned, equal to a premium of 45% over Knoll’s closing price on Friday. Once the deal closes, Herman Miller shareholders will own about 78% of the combined entity, while Knoll shareholders will hold abut 22%. The deal is expected to close by the end of the third quarter. As part of the deal, Herman Miller will purchase all of Knoll’s outstanding preferred stock from Investindustrial VII L.P. for a fixed cash consideration of $253 million, or $25.06 per each underlying share. “This highly complementary combination will create the preeminent leader

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Next Gen’ Reveals 2 Horrid Home Office Fails To Never Do

With so many people working from home right now, many are racking their brains on how to fit a nice home office into the mix—and some smart do’s and don’ts abound in the latest “Design Star: Next Gen,” the Discovery+ reboot of HGTV’s hugely popular “Design Star.”

On the “Transformers!” episode, the seven remaining contestants are working hard on workspaces, while host Allison Hocker Boss and guest judge Kim Myles (the winner of Season 2 of the original “Design Star”) chime in with colorful commentary.

The designers are each instructed to create a multifunctional room that can pass as both a home office and a hip party place—plus they need to build a modular piece of furniture that can help change the function of their room. While the contestants put a lot of thought into their individual designs, only one will win—and one will be cut from the competition

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19 deals on desks, chairs, and accessories for your home office

19 deals on desks, chairs, and accessories for your home office
19 deals on desks, chairs, and accessories for your home office

Believe it or not, we’re already in part two of 2020. If you’re one of the millions of Americans who traded a suit in for sweatpants earlier this year, you’re probably pretty used to working from home by now. You’re probably also pretty sick of your WFH setup. That’s why we’ve rounded up some of the best deals on the web to upgrade your home office setup.

From desks and chairs to fidget toys and mini-fridges, these deals can make your remote workspace even more productive than a typical office. All you need now is an office dog.

Desks

Quest 45″ Wide PC Gamer Computer Desk

This desk can help you get your head in the game by organizing your workspace. It features a cup holder, a headphone hook, two USB charging ports, three grounded outlet receptors, and a

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Top designers share their secrets for creating a productive home office

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Yes, it's possible to create a calm work space at home. (Photo: Havenly)
Yes, it’s possible to create a calm work space at home. (Photo: Havenly)

With all of us conducting business from our counters and sofas these days, having a dedicated home office is on everyone’s wish list. Case in point: Havenly, an online interior design service, says that requests for home offices skyrocketed from 6 percent in 2019 to 26 percent today. And since February requests have gone up 160 percent.

“It all jumped the week of March 16, when the world went indoors,” says Lee Mayer, CEO of Havenly. “Even when we can go back, more people will work from home than ever before. So having a space you can be productive in will

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