Mergers & Acquisitions ·
LXP Industrial Trust supplements proxy statement with valuation details ahead of $57.25 per share merger vote
LXPLXP Industrial Trust
LXP Industrial Trust filed a current report to voluntarily supplement its definitive proxy statement regarding the proposed merger with Leopard REIT LLC. The filing discloses additional financial analysis by BofA Securities, including comparable company and precedent transaction multiples, as well as discounted cash flow valuations. These disclosures were made in response to shareholder litigation challenging the merger agreement. A special meeting is scheduled for October 26, 2026, where shareholders will vote on the transaction valued at $57.25 per common share in cash. LXP Industrial Trust operates as a real estate investment trust focused on industrial properties.