LXP Industrial Trust (LXP) Form 8-K — Jul 20, 2026
LXP Industrial Trust has entered into a definitive agreement to be acquired by Leopard REIT LLC for $61.20 per share in cash. The merger was unanimously approved by the company's board of trustees and is expected to close in the fourth quarter of 2026, subject to shareholder approval. Upon completion, LXP will merge with and into Leopard Merger Sub LLC and will cease to exist as a separate public entity. The agreement includes a 40-day "go-shop" period expiring on August 28, 2026, during which the company may actively solicit alternative acquisition proposals.
Key figures
- Offering Price
- 61.2
- Shares Outstanding
- 58040726
- Cut Off Time
- 2026-09-02
- Go Shop Period End
- 2026-08-28
- Termination Fee Parent
- 288654765
- Termination Fee Company
- 108245537
- Termination Fee Company Excluded Party
- 54122768
Price after filing
Close on the filing date to close N calendar days later (from $60.85). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.