JPMorgan Upgrades Terex (TEX) to Neutral

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Go back to JPMorgan Upgrades Terex (TEX) to Neutral

Terex (TEX) Closes Gap with $30/Share Bid

January 27, 2016 10:42 AM EST

Terex (NYSE: TEX) is moving the the highs of the day as investors get more comfort with the $30/share takeover bid from Zoomlion following reports the Chinese concern has financing in place and is partnering with P/E firms.

After gaining 37% yesterday on... More

Zoomlion Affirms Talks with Terex (TEX)

January 27, 2016 6:45 AM EST

Zoomlion is said to confirm talks with Terex (NYSE: TEX), according to Bloomberg. The company offered the following press release early Wednesday:

At the request of Zoomlion Heavy Industry Science and Technology Co., Ltd. (the Company), trading in the... More

Terex (TEX) Recieved $30/Share Unsolicited Proposal from Zoomlion

January 26, 2016 1:11 PM EST

Terex Corporation (NYSE: TEX) announced that it has received an unsolicited, non-binding acquisition proposal from Zoomlion Heavy Industry Science and Technology Co. (Zoomlion) to acquire all of the outstanding shares of Terex for $30.00 in cash. The proposal is conditioned on, among other things, receipt of... More

Terex (TEX) Said to Rebuff Approach from China's Zoomlion - Bloomberg

January 26, 2016 10:59 AM EST

(Updated - January 26, 2016 11:04 AM EST)

Terex (NYSE: TEX) shares spiked and were halted on a circuit breaker Tuesday morning after Bloomberg reported that it received a takeover approach from China's Zoomlion. Sources told Bloomberg that Terex rebuffed the offer and that it... More