LXP to be acquired by Brookfield and CPP for $61.20 per share
Brookfield Asset Management and CPP Investments will acquire LXP Industrial Trust in an all-cash deal valued at about $5.2 billion, at $61.20 per share. The transaction suspends dividends until closing and is expected to close in Q4 2026, with a 40-day go-shop. LXP will become a private company, removing it from the NYSE.
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