This Slide: #8 of 16 |
Slide #8. Allied Specialty Vehicles — Thor Bus Business
Acquirer:
Allied Specialty Vehicles
Acquiree:
Thor Bus Business (NYSE:THO)
Details:
Thor Industries, Inc. (NYSE:THO) today announced that it has entered a definitive agreement to sell its bus business to Allied Specialty Vehicles (ASV) for $100 million in cash, subject to closing adjustments. The sale is subject to customary closing conditions and is expected to be completed by November 1, 2013.
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Hold (2.40 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: THO Stock Forecast Based on Zacks ABR data; powered by Xignite |