Manitex International Acquired by Tadano, Delists from NASDAQ
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Manitex International has been acquired by Tadano Ltd., becoming a wholly owned subsidiary. Following the acquisition, Manitex's shares are delisted from NASDAQ, with shareholders receiving $5.80 in cash per share. This strategic move aims to strengthen Tadano's position in the global construction and industrial equipment market. Manitex is known for its mobile truck cranes and other lifting solutions, serving various sectors globally.
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