Toyota Industries Extends Cash Tender Offer for Shares of Cascade Corporation
Toyota Industries today announced that Industrial Components and Attachments II, Inc.
(“Purchaser”), an indirect wholly owned subsidiary of TICO, has extended
its tender offer for all outstanding common shares of Cascade
Corporation (NYSE: CASC) (“Cascade”) for $65.00 per share (the “Offer”).
The Offer was scheduled to expire at 12:00 midnight, New York City time,
on Thursday, December 20, 2012. With the consent of Cascade, the Offer
has been extended to expire at 12:00 midnight, New York City time, on
Thursday, January 24, 2013, unless further extended. All other terms and
conditions of the Offer remain unchanged.
In addition, TICO today announced that it has received a Request for