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LCI Industries (LCII) has officially confirmed it is engaged in discussions with Patrick Industries (PATK) regarding a potential 'merger of equals', matching the earlier statement from PATK. This dual confirmation solidifies the ongoing dialogue between the two major suppliers in the recreational vehicle (RV) and manufactured housing sectors. LCI Industries stated that it does not intend to provide further comments or additional disclosures until it determines such action is appropriate. The potential combination aims to achieve significant scale and operational efficiencies within their respective supply chains. If finalized, the merger would create a dominant entity with a substantial market share in the specialized housing and RV industries. Market participants remain focused on the proceedings, though the deal may still face regulatory scrutiny regarding antitrust concerns.
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