QualityStocksNewsBreaks – LSB Industries, Inc. (NYSE: LXU) Featured in Corporate Update from Sidoti
Announces Agreement To Convert Preferreds To Common Stock LSB Industries (NYSE: LXU) was featured in a company-sponsored research corporate update note published by Sidoti & Company, LLC. The report reads, “LSB announced an agreement with its preferred shareholder to convert preferreds and accruing dividends to common shares, in a crucial step to enhance financial flexibility and simplify the capital structure. We note that as a smaller company in a capital-intensive industry, the capital structure was severely limiting LSB’s options to invest in clean energy or meaningfully expand operations.” To access the full report, visit https://ibn.fm/Y0nju About LSB Industries, Inc. LSB…