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Columbus McKinnon Corporation announced the proposed all-cash acquisition of STAHL CraneSystems, a business of Konecranes PLC, for $240 million with an earn-out potential up to $246 million.
“The transaction value for the acquisition is $240 million with an earn-out potential up to $246 million, if certain earnings goals are met for calendar year 2016.”stblaw.com
Summarized from public sources; check the original articles before acting on it.