Flexsteel board of directors unanimously rejects unsolicited proposal from csc generation holdings

Dubuque, iowa--(business wire)--flexsteel industries, inc. (nasdaq: flxs) (“flexsteel” or the “company”) today announced that its board of directors, in consultation with its independent financial and legal advisors, has unanimously rejected the unsolicited, preliminary non-binding proposal from csc generation holdings, inc. (“csc”) to acquire flexsteel for $20.80 per share in cash. "after careful review and consideration of csc's unsolicited proposal, our board determined that the proposal sub
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