LXP Industrial Trust shareholders approve $61.20-per-share acquisition by Brookfield and CPPIB

LXP Industrial Trust shareholders approved the acquisition of LXP by Brookfield Asset Management and Canada Pension Plan Investment Board, with more than 99% of votes cast (about 82% of outstanding shares) in favor. Shareholders will receive $61.20 in cash per share; the deal is expected to close November 2, 2026, after which LXP will no longer be publicly traded.

Detected & updated continuously · Source: Nebula