Lsb industries, inc. announces transaction to exchange outstanding series e-1 and f-1 preferred stock for common stock; plans to pay 0.3:1 special common stock dividend to existing common stockholders

Oklahoma city--(business wire)--lsb industries, inc. (“lsb” or “the company”), (nyse: lxu), led by a special committee of the board of directors representing the disinterested stockholders of the company (the “special committee”) today announced that it has signed a definitive agreement (the “exchange agreement”) with lsb funding llc, an affiliate of eldridge, to exchange the shares of lsb series e-1 and series f-1 redeemable preferred stock held by eldridge for shares of lsb common stock. unde
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