December 19, 2016 / 12:12 PM / 7 months ago

BRIEF-Columbus Mckinnon raises $50 mln in equity financing

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Dec 19 (Reuters) - Columbus Mckinnon Corp

* Columbus Mckinnon Corp says has entered into a definitive agreement to sell 2.3 million shares of its common stock in a private placement

* Columbus Mckinnon - to use net proceeds to fund in part acquisition of stahl cranesystems, reducing amount of post-acquisition leverage,cost of debt

* Columbus Mckinnon raises $50 million in equity financing Source text for Eikon: Further company coverage:

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