Patrick Industries in talks to combine with LCI Industries, Bloomberg reports

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.