LCI Industries Board Unanimously Rejects Proposed $101 Per Share Acquisition Offer From Monomoy Capital Partners; Remains On Track To Complete Merger With Patrick Industries In H1 2027
Benzinga Newsdesk 1 day ago
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LCI Industries (NYSE:LCII) ("LCI"), today announced that its Board of Directors, in consultation with its outside financial and legal advisors, has unanimously determined that the unsolicited, non-binding
LCI Industries (NYSE:LCII) ("LCI"), today announced that its Board of Directors, in consultation with its outside financial and legal advisors, has unanimously determined that the unsolicited, non-binding proposal received from Monomoy Capital Partners to acquire LCI for $101 per share in cash does not constitute a superior proposal and is not reasonably likely to lead to a superior proposal.