Manitex International Announces Closing of its Acquisition by Tadano Ltd.

Written by Emily J. Thompson, Senior Investment Analyst

MNTX%

Source: Newsfilter

Updated: Jan 02 2025

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Source: Newsfilter

Acquisition Announcement: Manitex International, Inc. has been acquired by Tadano Ltd., with shareholders receiving $5.80 per share in cash; Manitex is now a wholly owned subsidiary and its shares are no longer publicly traded.
Company Overview: Manitex specializes in mobile truck cranes and industrial equipment, while Tadano has a long history of producing hydraulic truck cranes and emphasizes safety, quality, and efficiency in its operations.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Manitex International Announces Closing of its Acquisition by Tadano Ltd.

About the author

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