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. Industries Inc. has announced the purchase of a Kentucky-based manufacturer of home and office furniture. dubuque-based flexsteel will purchase DMI Furniture Inc., of Louisville, Ky., for $14.19.
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Flexsteel Industries, Inc. (FLXS. and settlement of a defined benefit plan associated with the prior wholly owned subsidiary, DMI Furniture, Inc. unfavorably impacted SG&A by 220 basis points.