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Tadano Acquires Manitex for $223 Million in Cash

  • September 12, 2024

Manitex International, Inc. (MNTX) on September 12, 2024, entered into a merger agreement to be acquired by Tadano Ltd. in an all-cash deal valued at $223 million, including debt.

Agreement Specifics:

Under the terms of the agreement, Manitex shareholders will receive $5.80 per share in cash, representing a premium of 52.23% from the stock’s last close.

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