Manitex International Announces Closing of its Acquisition by Tadano Ltd.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 02 2025
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Should l Buy ?
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.
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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.
