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Manitex International, Inc. (NASDAQ: MNTX) has entered into a definitive agreement to be acquired by Tadano Ltd. in an all-cash deal valued at $223 million, including debt. Shareholders of Manitex will receive $5.80 per share, representing a 52.2% premium over the September 11 closing price. Following the completion of the transaction, Manitex shares will cease trading on NASDAQ. Trading of Manitex shares was halted pre-announcement.
