JLG Industries, Inc. Announces Shareholder Approval of the Proposed Merger with Oshkosh Truck Corporation
04 Dezember 2006 - 5:52PM
Business Wire
JLG Industries, Inc. (NYSE:JLG) announced today that its
shareholders approved the Agreement and Plan of Merger among JLG,
Oshkosh Truck Corporation (NYSE:OSK), and Steel Acquisition Corp.,
a wholly owned subsidiary of Oshkosh. As a result of this approval,
the parties expect to consummate the merger on December 6, 2006 in
accordance with the terms of the agreement. About JLG Industries,
Inc. JLG Industries, Inc. is the world�s leading producer of access
equipment (aerial work platforms and telehandlers). JLG�s diverse
product portfolio encompasses leading brands such as JLG� aerial
work platforms; JLG, SkyTrak�, Lull� and Gradall� telehandlers; and
an array of complementary accessories that increase the versatility
and efficiency of these products for end users. JLG markets its
products and services through a multichannel approach that includes
a highly trained sales force and utilizes a broad range of
marketing techniques, integrated supply programs and a network of
distributors in the industrial, commercial, institutional and
construction markets. In addition, JLG offers world-class
after-sales service and support for its customers. JLG�s
manufacturing facilities are located in the United States, Belgium,
and France, with sales and service operations on six continents.
Forward-Looking Statements This news release contains
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements are not guarantees of future performance and involve a
number of risks and uncertainties that could cause actual results
to differ materially from those indicated by the forward-looking
statements. Important factors that could cause actual results to
differ materially from those suggested by the forward-looking
statements include, but are not limited to, the following:
(i)�general economic and market conditions, including political and
economic uncertainty in areas of the world where we do business;
(ii)�varying and seasonal levels of demand for our products and
services; (iii)�risks associated with acquisitions; (iv)�credit
risks from our financing of customer purchases; (v)�risks arising
from dependence on third-party suppliers; (vi)�costs of raw
materials and energy; and (vii)�risks associated with our pending
merger, as well as other risks as detailed in JLG�s SEC reports,
including the report on Form 10-K for the year ended July�31, 2006.
NOTE: Information contained on our website is not incorporated by
reference into this press release. JLG Industries, Inc. (NYSE:JLG)
announced today that its shareholders approved the Agreement and
Plan of Merger among JLG, Oshkosh Truck Corporation (NYSE:OSK), and
Steel Acquisition Corp., a wholly owned subsidiary of Oshkosh. As a
result of this approval, the parties expect to consummate the
merger on December 6, 2006 in accordance with the terms of the
agreement. About JLG Industries, Inc. JLG Industries, Inc. is the
world's leading producer of access equipment (aerial work platforms
and telehandlers). JLG's diverse product portfolio encompasses
leading brands such as JLG(R) aerial work platforms; JLG,
SkyTrak(R), Lull(R) and Gradall(R) telehandlers; and an array of
complementary accessories that increase the versatility and
efficiency of these products for end users. JLG markets its
products and services through a multichannel approach that includes
a highly trained sales force and utilizes a broad range of
marketing techniques, integrated supply programs and a network of
distributors in the industrial, commercial, institutional and
construction markets. In addition, JLG offers world-class
after-sales service and support for its customers. JLG's
manufacturing facilities are located in the United States, Belgium,
and France, with sales and service operations on six continents.
Forward-Looking Statements This news release contains
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements are not guarantees of future performance and involve a
number of risks and uncertainties that could cause actual results
to differ materially from those indicated by the forward-looking
statements. Important factors that could cause actual results to
differ materially from those suggested by the forward-looking
statements include, but are not limited to, the following: (i)
general economic and market conditions, including political and
economic uncertainty in areas of the world where we do business;
(ii) varying and seasonal levels of demand for our products and
services; (iii) risks associated with acquisitions; (iv) credit
risks from our financing of customer purchases; (v) risks arising
from dependence on third-party suppliers; (vi) costs of raw
materials and energy; and (vii) risks associated with our pending
merger, as well as other risks as detailed in JLG's SEC reports,
including the report on Form 10-K for the year ended July 31, 2006.
NOTE: Information contained on our website is not incorporated by
reference into this press release.
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