Fam62c

Terex Should Buy Back Its Shares in Place of Fantuzzi

I agree with Eric K. If they can get out of this deal the better plan is to just keep the cash and keep the balance sheet solid. This is a downturn of unknown magnitude and duration, survival is what's most important. It's been my experience that buybacks do very little in this environment to prop up stock prices anyway. Everybody is selling everything and nobody cares about things like buybacks. You can never have too much cash in a recession.