Art's Way Manufacturing Announces 88.9% Increase in Revenues Over the Third Quarter of 2009

Art's Way Manufacturing Co., Inc. (Nasdaq: ARTW), a leading manufacturer and distributor of agricultural machinery, equipment and services announces its financial results for the three and nine months ended August 31, 2010.

In conjunction with the release, the Company has scheduled a conference call for October 13, 2010 at 10:00 AM CT. J. Ward McConnell, Jr., Executive Chairman of the Board of Directors of Art's Way Manufacturing, will be leading the call and discussing third quarter and nine month financial results and an outlook for the balance of 2010.

Published: 11 October 2010
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Nasdaq   Industrial   Financial Results   Up on News  
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Gehl Company Announces Agreement to Be Acquired By Manitou BF S.A. for $30 Per Share

Gehl Company (NASDAQ GSM: GEHL) today announced that it had signed a definitive agreement to be acquired for $30 per share by its largest shareholder, Manitou BF S.A., a manufacturer and distributor of material handling equipment headquartered in France. The transaction, with an aggregate enterprise value of approximately $450 million, will be effected through a tender offer for all outstanding shares of Gehl by a Manitou subsidiary, Tenedor Corporation, followed by a second step, cash-out merger. The all-cash $30 per share purchase price reflects a 120% premium over the Company’s closing price on September 5, 2008. It is expected that the current management team will be retained following the transaction.

Published: 08 September 2008
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Nasdaq   Industrial   M & A  
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