Patrick and LCI Industries Combine to Create Major Outdoor Recreation Platform
LCI shareholders will receive 1.244 Patrick shares per share. Combined entity targets $150M+ in synergies.
LCI shareholders will receive 1.244 Patrick shares per share. Combined entity targets $150M+ in synergies.
Repay shares jumped 22% after Forager raised its buyout offer to $5.25 cash, but the deal is still not final.
After an 80% stock drop, Strategy will repurchase $2B in shares and may sell part of its Bitcoin holdings. Company raises Stretch dividend to 12% starting July 1.
The acquisition adds over 2 billion tons of limestone reserves and creates $85M in annual synergies.
Palantir deepens its aviation push with Surf Air Mobility on OperatorOS and partners with Nvidia to deploy secure AI models for government and critical infrastructure.
The combination will create a vertically integrated space company with launch, satellite manufacturing, and global communications capabilities. The transaction is expected to close in mid-2027.