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As part of this merger and acquisition business, Manitowoc will also issue common stock to the company’s shareholders and assume or repay the company’s existing debt. Manitowoc expects the merger will have no impact on the company’s revenue this year and is expected to increase the company’s earnings next year.
The United States Jungle Company is a company that was reorganized according to the bankruptcy law in September last year. It has 2,500 employees. In fiscal year 2001, Junlin Company earned more than 700 million U.S. dollars. The company's production line includes 30 types of cranes.
Meriman Walker crane company plans to merge with Jungle
The crane manufacturer, United States Manitowoc, plans to produce US $ 270 million in cash and stock mergers and acquisitions to produce the US jungle company of mobile hydraulic cranes and other equipment.
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