Patrick Industries and LCI Industries (Lippert) have entered into a definitive agreement to combine in an all-stock merger. LCI shareholders will receive 1.2440 shares of Patrick common stock for each LCI share, with Patrick shareholders owning approximately 52% of the combined company. The transaction, unanimously approved by both boards, aims to create a premier component solutions provider for the outdoor enthusiast, housing, and transportation markets. The merger is expected to close in the first half of 2027, subject to shareholder and regulatory approvals.
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World of motorhomes — here
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