LXP Industrial Trust shareholders back Brookfield acquisition at $61.20

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Go back to LXP Industrial Trust shareholders back Brookfield acquisition at $61.20

LXP Industrial Trust Shareholders Approve Acquisition by Brookfield and CPP Investments

October 26, 2026 4:15 PM EDT

WEST PALM BEACH, Fla., Oct. 26, 2026 (GLOBE NEWSWIRE) -- LXP Industrial Trust (NYSE: LXP) (LXP or the Company) today announced that its shareholders approved the acquisition of LXP by Brookfield Asset Management (NYSE: BAM, TSX: BAM) and Canada Pension Plan Investment Board at the Special Meeting of Shareholders held earlier today.

According to the results of the Special Meeting of Shareholders, more than 99% of votes cast at the meeting which represented approximately 82% of the outstanding LXP common shares as of the record date were voted... More