Hooker Furniture acquires Home Meridian for $100 million
Hooker Furniture Corp. has agreed to purchase Home Meridian International, a move which will more than double the company's size and make it one of the top five U.S. sources of upholstered furniture and casegoods. Announced Jan. 6, the $100 million acquisition is being called the largest in Hooker Furniture's 91-year history.