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Patrick Industries Reaffirms All-Stock Merger With LCI

Patrick Industries reaffirmed its all-stock merger with LCI Industries after LCI received an unsolicited, nonbinding proposal from Monomoy Capital. LCI said its board has not changed its recommendation in support of the merger.

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Patrick Industries reaffirmed its all-stock merger with LCI Industries after LCI received an unsolicited, nonbinding proposal from Monomoy Capital. LCI said its board has not changed its recommendation in support of merging with Patrick.Material DetailsContext by AI AnalystThis is a mid-stage updat…