PATK News & Events

LCI Industries (LCII) confirmed that it is in discussions with Patrick Industries (PATK) regarding a possible merger of equals. These discussions are ongoing, and there can be no assurances that such discussions will result in a transaction or on what terms any transaction may occur. LCI Industries does not intend to comment further unless and until it determines further disclosure is appropriate.

Patrick Industries (PATK) confirmed that it is in discussions with LCI Industries (LCII) regarding a potential merger of equals. There can be no assurance that any transaction will result from these discussions or on what terms or structure any transaction may occur. Patrick does not intend to make additional comments regarding these discussions unless and until a formal agreement has been reached or discussions have been terminated.

Patrick Industries (PATK) is in talks to combine with rival recreational-vehicle supplier LCI Industries (LCII) and the companies are negotiating a potential all-stock transaction, people familiar with the matter told Bloomberg's Ryan Gould, David Carnevali and Crystal Tse. A deal could be announced in the coming weeks, though no final decision has been made and the talks could still fall apart, said the report, which noted that a representative for LCI declined to comment, while a spokesperson for Patrick Industries didn't immediately provide comment.