• LCI Industries' board unanimously determined Monomoy Capital Partners' $101-per-share cash acquisition proposal was not superior to its planned merger with Patrick Industries.
• The board concluded Monomoy substantially undervalued the business, citing a standalone discounted cash flow valuation midpoint exceeding $150 per share.
• Directors maintained support for the Patrick merger, citing greater value from ownership in the combined company.
• The combination is expected to generate approximately $150 million in net annual cost synergies within three years of closing.
• Completion remains on track for the first half of 2027, subject to shareholder approvals and other closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LCI Industries published the original content used to generate this news brief via Business Wire (Ref. ID: 20261030615474) on October 30, 2026, and is solely responsible for the information contained therein.