Patrick Industries, Inc. - Common Stock (PATK)

Halper Sadeh LLC, an investor rights law firm, is investigating the merger of Patrick Industries, Inc. (NASDAQ: PATK) and LCI Industries. Upon completion of the proposed transaction, Patrick shareholders will own approximately 52% of the combined company.

Patrick Industries (NASDAQ: PATK) (“Patrick”) and LCI Industries (NYSE: LCII) (“LCI” or “Lippert”) today announced they have entered into a definitive agreement to combine in an all-stock merger, forming a premier component solutions provider for the outdoor enthusiast, housing and transportation markets. Under the agreement, which the Boards of Directors of both companies unanimously approved, LCI shareholders will receive 1.2440 shares of Patrick common stock for each share of LCI common stock they own.

Patrick Industries, Inc. (NASDAQ: PATK) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved 2.61% on the day to $73.61.

Thor Industries had another thunderous quarter with results that far exceeded the analyst's expectations. Institutions and insiders are buying the stock too.