04:12 PM EDT, 09/12/2024 (MT Newswires) -- Manitex International ( MNTX ) shares closed up 48% Thursday after Tadano agreed to acquire the company for $223 million.
Tadano will pay $5.80 a share to acquire the truck cranes manufacturer, Brown Gibbons Lang, the exclusive financial adviser to Manitex ( MNTX ), said in a statement.
The transaction is expected to be completed in Q1.
Price: 5.63, Change: +1.82, Percent Change: +47.77