Mergers & Acquisitions ·
DOJ issues Second Request for merger with Patrick Industries
LCIILci Industries
The U.S. Department of Justice issued a Second Request for additional information and documentary material regarding the proposed merger between LCI Industries and Patrick Industries. This regulatory action extends the Hart-Scott-Rodino waiting period until 30 days after both parties substantially comply, unless terminated earlier by the DOJ or extended by agreement. The companies intend to cooperate with the review process. Completion of the transaction remains subject to the satisfaction of closing conditions, including antitrust approvals. LCI Industries manufactures components and systems for the recreational vehicle industry.