Terex's (TEX) €884M ($1.31B) bid for Demag Cranes (DMGCF.PK) suffers a blow after Cevian...

|About: Terex Corporation (TEX)|By:, SA News Editor

Terex's (TEX) €884M ($1.31B) bid for Demag Cranes (DMGCF.PK) suffers a blow after Cevian Capital, the German company's largest shareholder, describes the €41.75/share offer as 'completely inadequate.'