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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