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Nation’s Largest Crane Outfit To Merge With Private Equity Firm - ENR | McGraw-Hill Construction

Publication Date: 07-MAY-08
Format: HTML

    
Description:
Bridgeville, Pa.-based Maxim Crane Works Holding Inc. says it inked a contract on May 5 to merge with Platinum Equity Capital Partners II LP. for $42.50 per share. The firms expect to close the deal by Aug. 20. In March, Hyde Park Acquisition Corp. inked a similar agreement with Essex Crane Rental Corp. for $210 million.
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