LCI merger enters antitrust review; no clearance or closing yet

This is a procedural step, not a new transaction development. Patrick and LCI filed the required Hart-Scott-Rodino premerger notifications on August 5, satisfying the start of the U.S. antitrust review process; the merger agreement itself was already announced on June 30 (HSR filing disclosure). The filing does not indicate regulatory approval. The applicable HSR waiting period still must expire or be terminated, and shareholder approvals plus other closing conditions remain outstanding (Merger Agreement conditions). Net read: fully in line and effectively neutral versus expectations. This confirms the deal is moving through its planned process, but provides no new evidence on closing timing, antitrust risk, deal economics, or expected synergies.