(TEX) Terex Fulfills Minimum Tender Offer
Posted on July 05, 2011 at 20:03 PM EDT
Terex Corp. (TEX) recently announced that the company has successfully achieved the minimum tender condition for Demag Cranes. The company offered €45.50 per share to Demag shareholders, which has exceeded the minimum requirement of 51%. Terex Industrial Holding AG offered a price of €45.50 per share, representing an approximately 25% premium on the closing share [...] (TEX) Terex Fulfills Minimum Tender Offer