Brandt Tractor to acquire Cervus Equipment

Brandt Tractor Ltd. has agreed to acquire all outstanding shares of Cervus Equipment Corporation for $19.50 per share in cash, valuing Cervus at approximately $302 million.

“This Transaction delivers tremendous value for our shareholders and clearly demonstrates the successful execution of our strategy.”supplypost.com

• 2 sources
• supplypost.comCervus Equipment Corporation Agrees To Be Acquired By Brandt Tractor Ltd. | Supply Post - Canada's #1 Heavy Construction Equipment & Commercial Truck NewspaperAug 16, 2021
• northeastnow.comBrandt announces purchase of Cervus Equipment | northeastNOWAlice McFarlaneAug 16, 2021

Summarized from public sources; check the original articles before acting on it.