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0 -0.140113487560017 -0.0192055870798777 -0.0192055870798777 -0.0440855521606285 -0.0309908336970755 -0.0331732867743343 -0.0192055870798777
Stock impact report

LSI Industries to Acquire Royston Group, Creating an Integrated Retail Branding Solutions Platform of Scale

LSI Industries Inc. (LYTS) 
Last lsi industries inc. earnings: 4/23 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: lsiindustries.gcs-web.com/investor-overview
Company Research Source: Business Wire
Transformational platform acquisition positions LSI as the market-leader within branded retail solutionsExpands LSI’s presence within new display solutions categories, accelerates growth in core vertical marketsLSI to host transaction conference call and live webcast on Thursday, February 26 at 8:30 a.m. ET CINCINNATI--(BUSINESS WIRE)--LSI Industries Inc. (Nasdaq: LYTS, “LSI” or the “Company”), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced that it has entered into a definitive agreement to acquire privately held Royston Group (“Royston”), a leader in identity and equipment solutions for retail environments, from Industrial Opportunity Partners (“IOP”) for an aggregate purchase price of $325 million, subject to a working capital adjustment, with $320 million of the purchase price payable in cash at closing and the remaining $5 million payable in the issuance of shares of the Company’s common stock, valued as of the closing price of t Show less Read more
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