India, July 20 -- Shares of LXP Industrial Trust (LXP) are rising about 4 percent in Monday morning trading after the company agreed to be acquired by Brookfield Asset Management (BAM) and Canada Pension Plan Investment Board for around $5.2 billion in an all-cash deal.
The company's shares are currently trading at $60.89 on the New York Stock Exchange, gaining 4.07 percent in the latest session. The stock opened at $60.77 and touched an intraday high of $61.18. Over the past 12 months, the shares have traded between $38.20 and $61.18.
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