LCI INDUSTRIES (LCII) Form 8-K — Jun 30, 2026
LCI Industries entered into a definitive agreement to merge with Patrick Industries in an all-stock transaction valued at an exchange ratio of 1.2440. Under the terms, each share of LCI common stock will convert into 1.2440 shares of Patrick common stock, with LCI shareholders owning approximately 48% of the combined company post-closing. The boards of both companies have unanimously approved the transaction, which is anticipated to close by March 30, 2027, pending shareholder and regulatory approvals. Upon completion, the combined entity will adopt a new corporate name, though Patrick's common stock will continue to list on Nasdaq under the ticker symbol "PATK".
Key figures
- Exchange Ratio
- 1.244
- Termination Fee
- 94200000
- Lci Shares Outstanding
- 29018654
- Ownership Percentage Post Merger
- 48%
Price after filing
Close on the filing date to close N calendar days later (from $105.88). Historical, not a forecast.
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