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Cervus Equipment to be sold to Brandt Tractor

Cervus Equipment has announced it has entered into an arrangement agreement with Brandt Tractor, part of Brandt Industries. Brandt will acquire all of the issued and outstanding common shares of Cervus, excluding those held by Brandt, for $19.50 per share in cash, valuing Cervus at approximately $302 million on an equity value basis. The consideration… Read More