Market Overview

Toyota Industries Extends $65/Share Cash Tender Offer for Shares of Cascade Corporation

Toyota Industries Corporation (Tokyo Stock Exchange: 6201) (“TICO”)
today announced that Industrial Components and Attachments II, Inc., 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, March 21,
2013. With the consent of Cascade, the Offer has been extended to expire
at 12:00 midnight, New York City time, on Wednesday, March 27, 2013,
unless further extended. All other terms and conditions of the Offer
remain unchanged.

As previously announced, TICO received a Request for Additional
Information and Documentary Material (the

See full press release

Posted-In: News Guidance Asset Sales Management M&A Global

 

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