Mergers & Acquisitions ·
LCI Industries entered into a merger agreement with Patrick Industries, Inc. to merge via two merger subs, resulting…
LCIILci Industries
LCI Industries entered into a merger agreement with Patrick Industries, Inc. to merge via two merger subs, resulting in LCI becoming a wholly owned subsidiary of Patrick. LCI common stock holders will receive 1.2440 shares of Patrick common stock for each LCI share held, plus cash in lieu of fractional shares. Post-merger, Patrick stockholders will own approximately 52% and LCI stockholders will own approximately 48% of the combined entity. LCI Industries is a manufacturer of components for recreational vehicles and mobile homes.