U.S. Markets

Brookfield (BAM) to acquire LXP Industrial Trust (LXP) for USD 5.2bln all-cash

StockNow breaking-news AI analysis

Brookfield (BAM) is acquiring LXP Industrial Trust (LXP) for $5.2 billion all-cash, following LXP's positive earnings guidance and a recent 'Outperform' rating from analysts.

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