LCI Industries Rejects Monomoy’s $101-a-Share Proposal, Backs Patrick Merger
LCI Industries' board rejected Monomoy Capital Partners' $101-per-share offer, deeming it inferior. The board cited a standalone valuation above $150 per share and supported the merger with Patrick Industries, expected to generate $150 million in cost synergies by 2027. The merger is set to close in the first half of 2027, pending approvals. LCI urged shareholders to vote for the Patrick merger at the November 2026 meeting.



