Morgan & Morgan Announces the Investigation of the Fairness of the Proposed Sale of Terex Corporation - TEX

Aug 14, 2015, 16:21 ET from Morgan & Morgan

NEW YORK, Aug. 14, 2015 /PRNewswire/ -- Morgan & Morgan announces that it is investigating potential claims against the board of directors of Terex Corporation ("Terex" or the "Company") (NYSE: TEX) concerning possible breaches of fiduciary duty and other violations of law related to the proposed sale of the Company to Konecranes Plc ("Konecranes") in an all-stock transaction valued at approximately $4.2 billion.

If you own shares of Terex and would like to learn more about the Terex shareholder investigation, you may contact Morgan & Morgan at 1(800) 732-5200 or email

Under the terms of the transaction, Terex shareholders will receive 0.80 shares of Konecranes for each Terex share they own.  The investigation relates to whether the proposal is fair to the public shareholders and if the Company's Board of Directors breached their fiduciary duties to shareholders.

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Contact: Morgan & Morgan Peter Safirstein, Esq. 28 West 44th Street Suite 2001 New York, NY  10036 1-800-732-5200


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