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Patrick Industries, Lippert to Combine in All-Stock Merger |
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Logos via RVBusiness G&G Media Group LLC |
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From RVBusiness:
Patrick Industries (NASDAQ: PATK) and LCI Industries (NYSE: LCII) (LCI or Lippert) today, June 30, announced they have entered into a definitive agreement to combine in an all-stock merger, forming a premier component solutions provider for the outdoor enthusiast, housing and transportation markets. Under the agreement, which the Boards of Directors of both companies unanimously approved, LCI shareholders will receive 1.2440 shares of Patrick common stock for each share of LCI common stock they own, according to identical press releases from both Lippert and Patrick.
Following completion of the transaction, Patrick shareholders will own approximately 52% of the combined company and LCI shareholders will own approximately 48%.
This strategic combination brings together two companies with complementary product portfolios and longstanding partnerships with customers and stakeholders across North America and Europe. Together, Patrick and Lippert will create a more dynamic, innovative...........................
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Campbell Bus Lines Celebrates Delivery of Milestone 100th Prevost Coach |
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Prevost employees celebrate the delivery of the Campbell Bus Lines’ 100th Prevost motorcoach June 23 at Prevost’s Sainte-Claire, Quebec,
facility. | Photo: Provost Media via Bus & Motorcoach News |
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From Bus & Motorcoach News:
Campbell Bus Lines has reached a milestone few family-owned motorcoach operators achieve, taking delivery of its 100th motorcoach from Prevost during a ceremony at the manufacturer’s Quebec factory.
The delivery was celebrated on June 23 at Prevost’s facility in Sainte-Claire, Quebec, where co-owner Todd Campbell participated in the company’s “Ring the Bell” tradition, marking the completion of the vehicle and commemorating the partnership between the manufacturer and its customers.
Campbell Bus Lines, based in Slippery Rock, Pennsylvania, was founded in the 1970s by Gerald and Janet Campbell to serve rural communities in western Pennsylvania. Their sons, Todd and Art Campbell, expanded the company into the motorcoach market in the 1990s and now operate Campbell Tours and TLC Tours................................
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| Military Veterans to Share Leadership Lessons for Student Transporters at STN EXPO |
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Photo purchased from iStock.com |
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From School Transportation News:
In celebration of the U.S.’s 250th birthday, an upcoming panel discussion at the STN EXPO West conference will feature military veterans turned student transportation leaders as they share the experiences that influenced how they operate and lead.
The “Military Inspired Leadership in Student Transportation” session will be held on Tuesday, July 14. Moderated by STN Editor-in-Chief Ryan Gray, this panel discussion will give attendees insights into how the military gave several industry leaders invaluable insights into how to lead student transportation operations at their districts.
Panelists Bernando Brown, director of student transportation at Dekalb County Schools in Georgia, and Darryl Dotson, Jr., assistant director of transportation at Fountain Fort Carson School District in Colorado served are veterans of U.S. Army...............................
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