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Flexsteel will pay $3.30 per share for DMI stock, a 39% premium over its closing price last Tuesday before the sale announcement.. homestyles and DMI Commercial Office Furniture.
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In February 2011, the National Audit Office condemned the corporation over its handling of the DMI after it ran 21 months behind schedule. The public spending watchdog found the expected gains had.
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Spotlight on DMI office furniture by Flexsteel, smart contract furniture that boasts a wide range of collections from clean modern lines to traditional sophisticated. Collaborative and open plans.
Its report has for the first time laid bare the full chaos of the Digital Media Initiative (DMI), which was called off in May after the BBC admitted that to continue would be throwing good money.
Flexsteel completes acquisition of DMI Retail Editor 8, Staff Staff , October 13, 2003 Upholstery producer Flexsteel has completed its acquisition of case goods and office furniture manufacturer.
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Mr Garrett said he believed the Trust, the Department for Culture, Media and Sport, and the PAC may have been misled’ and that a previous National Audit Office report had provided false confidence’.
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