LCI Industries Board Rejects Monomoy Capital's $101 Per Share Acquisition Bid
MT newswire2026/10/30 12:05Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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08:05 AM EDT, 10/30/2026 (MT Newswires) -- LCI Industries (LCII) said Friday its board unanimously rejected a $101 per share acquisition bid from Monomoy Capital Partners because the proposal "fails to reflect the fundamental value of LCI's standalone business." The company said that a valuation analysis of LCI on a standalone basis "implies a midpoint discounted cash flow value in excess of $150 per share." LCI shares were 2% lower at $97 in premarket trading.
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