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Patrick Industries, LCI Industries terminate merger discussions

Patrick Industries (PATK) announced that the company and LCI Industries (LCII) have terminated discussions regarding a potential business combination. While there was consensus on leadership of the combined company, continued execution of Patrick’s strategic plan and vision, and other key aspects of a potential transaction in alignment with a merger of equals, the companies were unable to reach agreement on certain other key terms. Patrick and LCI previously confirmed discussions on April 17, 2026, and noted at that time there could be no assurance that any transaction would result from such discussions.

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