Manitex International Announces Results of Special Meeting of Shareholders
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 20 2024
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Source: Newsfilter
Merger Approval: Manitex International's shareholders approved the Merger Agreement with Tadano Ltd., allowing for the acquisition of all outstanding shares at $5.80 per share, with the transaction expected to close in early January 2025.
Future Implications: Following the merger, Manitex will become a private company and its shares will no longer be traded on NASDAQ, while the full results of the shareholder vote will be reported to the SEC.
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.
