Cervus Equipment Corp. Agrees to Be Acquired by Brandt Tractor

Cervus Equipment Corporation has entered into an arrangement agreement pursuant to which Brandt Tractor Ltd. will acquire all of the issued and outstanding common shares of the company, excluding those held by Brandt, for $19.50 per share in cash (the "consideration"), valuing Cervus at approximately $302 million on an equity value basis (the "transaction")....

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