---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-084849"
form_type: "8-K"
ticker: "LXP"
cik: "0000910108"
company_name: "LXP Industrial Trust"
filed_at: "2026-07-20T10:53:56+00:00"
generated_at: "2026-07-20T10:55:09.586457+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# LXP Industrial Trust to be acquired by Leopard REIT LLC for $61.20 per share in cash

## Summary
- Common shareholders receive $61.20 per share in cash; Series C preferred converted into one Surviving Entity Series C Preferred Unit.
- Go-shop period until August 28, 2026; termination fee of $54.1M for superior proposal with Excluded Party, $108.2M otherwise.
- Parent termination fee of $288.7M if Parent fails to close after conditions satisfied; no financing condition for closing.
- Closing requires shareholder approval and regulatory consents; board unanimously approved and recommends the merger.
- Company also amended bylaws to designate exclusive forum for certain claims, including Maryland state and federal courts.

## SEC filing metadata
- accession: 0001104659-26-084849
- form_type: 8-K
- ticker: LXP
- cik: 0000910108
- company_name: LXP Industrial Trust
- filed_at: 2026-07-20T10:53:56+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/910108/000110465926084849/0001104659-26-084849-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/910108/000110465926084849/tm2620850d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-084849
- JSON: https://secwatch.observer/filing/0001104659-26-084849.json
- Plain text: https://secwatch.observer/filing/0001104659-26-084849.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.