BUZZ-LXP Industrial gains on $5.2 billion takeover by Brookfield, CPP Investments

LXP Industrial Trust
Brookfield Asset Management Inc
Brookfield Asset Management Ltd. Class A
Marriott International, Inc. Class A

LXP Industrial Trust

LXP

0.00

Brookfield Asset Management Inc

BN

0.00

Brookfield Asset Management Ltd. Class A

BAM

0.00

Marriott International, Inc. Class A

MAR

0.00

** Shares of LXP Industrial Trust LXP.N rise ~4% to $60.7 premarket

** The company agrees to be acquired by Brookfield Asset Management and Canada Pension Plan Investment Board for about $5.2 billion in cash

** The deal is expected to close in the fourth quarter of 2026

** The median PT of nine brokerages covering the stock is $57.5 - data compiled by LSEG

** As of last close, stock up ~18% YTD


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.