financetom
Business
financetom
/
Business
/
Shyft Group Acquires Independent Truck Upfitters for Undisclosed Sum; Shares Rise
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Shyft Group Acquires Independent Truck Upfitters for Undisclosed Sum; Shares Rise
Jul 25, 2024 7:38 AM

10:26 AM EDT, 07/25/2024 (MT Newswires) -- The Shyft Group ( SHYF ) , a specialty vehicle manufacturer, said Thursday it has acquired Independent Truck Upfitters for an undisclosed sum.

Independent Truck Upfitters operates out of three locations in Iowa, Michigan, and Missouri and specializes in larger vehicles and complex service body upfitting, the companies said

Shyft Group ( SHYF ) shares rose nearly 17% in recent trading.

Price: 13.53, Change: +1.89, Percent Change: +16.24

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Treace Medical Concepts Studies of Procedures to Treat Mid-Foot Deformities Show Positive Results
Treace Medical Concepts Studies of Procedures to Treat Mid-Foot Deformities Show Positive Results
Mar 28, 2025
03:23 PM EDT, 03/28/2025 (MT Newswires) -- Treace Medical Concepts ( TMCI ) said Friday its interim data from clinical trials of lapiplasty and adductoplasty to treat bunions and related mid-foot deformities showed low recurrence and continued improvement in pain. Clinical study data of the two studies of lapiplasty procedure showed a return to protected weight bearing at an average...
Dominion Energy slashes CEO's cash payout on long-term goals
Dominion Energy slashes CEO's cash payout on long-term goals
Mar 28, 2025
* Dominion CEO loses out on big cash haul * Utility missed targets on profit and shareholder return * Demand for Dominion electricity looks robust on data center growth By Tim McLaughlin March 28 (Reuters) - Dominion Energy ( D ) CEO Robert Blue missed out on taking home more than $4 million in cash after the utility's shareholder return...
Oxford Industries' 2025 Results to Come Under Pressure Amid Macro Headwinds, KeyBanc Says in Downgrade
Oxford Industries' 2025 Results to Come Under Pressure Amid Macro Headwinds, KeyBanc Says in Downgrade
Mar 28, 2025
03:33 PM EDT, 03/28/2025 (MT Newswires) -- Oxford Industries' ( OXM ) fiscal 2025 results are expected to be weighed down by the ongoing choppiness in the broader macroeconomic environment, KeyBanc Capital Markets said in a note e-mailed Friday. The owner of Tommy Bahama, Lilly Pulitzer and other clothing brands said late Thursday it expects fiscal 2025 adjusted earnings of...
BlackRock-Led Panama Port Acquisition Reportedly Facing Potential Delay
BlackRock-Led Panama Port Acquisition Reportedly Facing Potential Delay
Mar 28, 2025
03:32 PM EDT, 03/28/2025 (MT Newswires) -- BlackRock ( BLK )-led (BLK) investor group's potential deal to acquire two ports owned by CK Hutchison in Panama is likely to be delayed beyond its initial April 2 deadline, multiple media outlets reported Friday. CK Hutchison will not proceed with the signing of the deal next week due to increasing pressure from...
Copyright 2023-2026 - www.financetom.com All Rights Reserved