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Shyft Group Acquires Independent Truck Upfitters for Undisclosed Sum; Shares Rise
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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

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