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Terex (TEX) launches a $1.3B tender offer for Demag Cranes (DMGCF.PK), conditional on at least...
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Thursday, May 19, 2011, 5:44 AM ETTerex (TEX) launches a $1.3B tender offer for Demag Cranes (DMGCF.PK), conditional on at least 51% acceptance. The offer price of €41.75/share is unchanged from Terex's earlier bid, which Demag's largest shareholder had called 'completely inadequate.'
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