Patrick Industries, Inc. Reaffirms Merger Agreement with LCI Industries

Patrick Industries reaffirmed its all-stock merger agreement with LCI Industries to form a component solutions provider serving outdoor enthusiast, housing, and transportation markets. Patrick disclosed that LCI received an unsolicited nonbinding proposal from Monomoy Capital Partners to acquire LCI, and that LCI's board is evaluating the proposal but has not changed its recommendation supporting the Patrick merger.

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