Lexington Realty Trust (LXP) Suspends Strategic Alternatives Process
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LXP Industrial Trust Suspends Strategic Alternatives Process
April 8, 2022 7:00 AM UTCNEW YORK, April 08, 2022 (GLOBE NEWSWIRE) -- LXP Industrial Trust (NYSE: LXP) (LXP or the Company), a real estate investment trust (REIT) focused on single-tenant warehouse/distribution real estate investments, today announced that its Board of Trustees has unanimously determined to suspend the Companys previously announced evaluation of strategic alternatives.
The LXP Board of Trustees (the Board), with the support of its independent financial and legal advisors, conducted a robust and thorough review process and held discussions with a wide array of strategic and financial investors regarding potential alternatives, including a sale or merger... More
