Brief: LSI Industries Acquires EMI Industries

LSI Industries

18/04/2024 22:57

April 18 (Reuters) - LSI Industries Inc  LYTS.O :
    * LSI INDUSTRIES ACQUIRES EMI INDUSTRIES, EXPANDING STORE
FIXTURES
AND FOOD SERVICE EQUIPMENT BUSINESS
    * LSI INDUSTRIES INC - PROPOSED DEAL FOR ALL-CASH PURCHASE
PRICE
OF $50 MILLION
    * LSI INDUSTRIES INC - UPON CLOSING, TRANSACTION WILL BE
IMMEDIATELY ACCRETIVE TO LSI ON AN ADJUSTED EARNINGS PER SHARE
BASIS
    * LSI INDUSTRIES INC: FUNDED ACQUISITION OF EMI UTILIZING
CASH AND
AVAILABILITY UNDER ITS EXISTING CREDIT FACILITY
    * LSI INDUSTRIES INC: WILL WELCOME EMI'S MORE THAN 300
EMPLOYEES
TO LSI
    * LSI INDUSTRIES: RETAINING EMI'S EXPERIENCED LEADERSHIP
TEAM,
INCLUDING PRESIDENT AND CEO ALAN HARVILL, TOGETHER WITH EACH OF
ITS FIVE FACILITIES

Source text for Eikon:  ID: 
Further company coverage:  LYTS.O 

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