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Terex: Antitrust Wait Expires For A.S.V. Tender Offer
Friday, February 08, 2008 9:05 AM



DOW JONES NEWSWIRES

Terex Corp. (NYSE:TEX) (TEX) said Friday the mandatory antitrust waiting period for its cash tender offer for A.S.V. Inc. (NASDAQ-NMS:ASVI) (ASVI) will expire Feb. 25, unless extended.

The Westport, Conn., maker of construction and mining related equipment made the offer of $18 a share on Jan. 13.

Thursday, shares of A.S.V. closed up 4 cents at $17.93, while shares of Terex (NYSE:TEX) closed down 5 cents at $54.89.

A.S.V. is a Grand Rapids, Min., maker of rubber track machines and related components.

-Amanda Harris Falls; 201-938-5400; AskNewswires@dowjones.com

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    (END) Dow Jones Newswires   02-08-08 0905   Copyright (c) 2008 Dow Jones & Company, Inc. 
(Source: iStockAnalyst )


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