Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Terex Corporation (NYSE: TEX) acted responsibly on behalf of investors’ profitability in the planned $4.2 billion sale to Konecranes Plc (OTC: KNCRY). 

On August 11, 2015, Terex Corporation (NYSE: TEX) and Konecranes Plc (OTC: KNCRY) announced that they had entered into a merger agreement. Under the terms of the transaction, Terex shareholders are anticipated to receive 0.80 shares of Konecranes for each Terex share owned. This represents a consideration of $24.75 based on the August 7, 2015 closing price of Konecranes. 

Based in Westport, CT, and founded in 1925 Terex Corporation is a lifting and material handling solutions company that is divided into various business categories; Aerial Work Platforms, Construction, Cranes, Material Handling & Port Solutions, and Materials Processing. The company also provides financing solutions to assist customers in the rental, leasing, and acquisition of its products. It serves the construction, infrastructure, quarrying, mining, manufacturing, transportation, energy, and utility industries worldwide. 

The investigation is looking to uncover whether Terex Corporation was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $35.00 per share. 

If you purchased Terex Corporation (NYSE: TEX) prior to August 11, 2015, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324. 

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