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BRIEF-Manitex International Inc announces sale of Liftking subsidiary
October 3, 2016 / 4:21 PM / in 10 months

BRIEF-Manitex International Inc announces sale of Liftking subsidiary

1 Min Read

Oct 3 (Reuters) - Manitex International Inc :

* Manitex International, Inc. announces sale of Liftking subsidiary

* Net proceeds of $13.3 million slated for debt reduction

* Deal for $14.0 million

* In connection with closing of deal, Manitex International will record in its Q3 results certain allocated non-cash charges

* Charges are expected to be in approximate ranges of $6.5-$7.0 million and $5.5-$6.0 million, respectively Source text for Eikon: Further company coverage:

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