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Stock impact report

Tadano takes 14.9% stake in Manitex for $32.7M [Seeking Alpha]

Manitex International, Inc. - common stock (MNTX) 
Last manitex international, inc. - common stock earnings: 3/9 07:00 am Check Earnings Report
Company Research Source: Seeking Alpha
Tadano takes 14.9% stake in Manitex for $32.7MManitex (MNTX+1.5%) announced that all-terrain and rough-train cranes provider Tadano has taken14.9% stake in the company by purchasing 2.92M shares at an average price of $11.9, valuing the transaction at ~32.7M.Tadano has designated President and CEO Ingo Schiller as one of the board members in Manitex's board.The transaction is expected to close on or about May 30, 2018.Click to subscribe to real-time analytics on MNTXNow read:GLOBAL PWR EQUIP GRP 2018 Q1 - Results - Earnings Call Slides » Show less Read more
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