UPDATE: Merger talks between Patrick Industries and LCI Industries terminated

Patrick Industries, LCI Industries

UPDATE: a merger between Patrick Industries and LCI Industries is no longer on the table.

A new release from LCI says that discussions have been terminated. This is due to them not being able to reach a mutual agreement.

ELKHART, Ind. -- Two local giants of the RV industry are considering a merger.

A press release from Patrick Industries announced that the company and LCI Industries are discussing a potential merger of equals. Currently, the two companies are still in discussion, and there are no guarantees a merger will materialize. Patrick says it won't make more comments until either an agreement is reached or talks have ended.

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