Lsb industries, inc. announces closing of transformative exchange transaction

Oklahoma city--(business wire)--lsb industries, inc. (“lsb” or “the company”), (nyse: lxu), today announced that it has closed the previously announced transaction (the “exchange transaction”) with lsb funding llc, an affiliate of eldridge industries, llc (“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. the exchange transaction, which was approved by lsb's stockholders during a special meeting that
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