BGL Announces Manitex International Completes the Closing of its Acquisition by Tadano Ltd.

Brown Gibbons Lang & Company (BGL) is pleased to announce that Manitex International, Inc. (NASDAQ: MNTX) (Manitex) has completed the acquisition by Tadano Ltd. (TYO: 6395) (Tadano). BGL's Engineered Equipment investment banking team served as the exclusive financial advisor to Manitex in the transaction. Under the terms of the transaction, Tadano acquired Manitex in an all-cash transaction valued at $223 million at the time of announcement or $5.80 per share, a 52% premium over the closing pric