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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Should l Buy ?
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.
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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.
