Specialty Retail M&A » By The Online Investor Staff, updated Sat., Mar. 25, 2:04 PM
Recent mergers and acquisitions in the Specialty Retail M&A category.
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Slide #19. Titan Machinery Inc. — Adobe CE, LLC
Acquirer:
Titan Machinery Inc. (NASDAQ:TITN)
Acquiree:
Adobe CE, LLC
Details:
Titan Machinery Inc. (NASDAQ:TITN) announced today that it has acquired Adobe CE, LLC, consisting of one Case Construction equipment dealership located in Albuquerque, New Mexico.
Titan Machinery owns and operates a network of agricultural and construction equipment stores in the U.S and Europe. Co. operates its business in three segments, Agriculture, Construction and International, within which it engages in four principal business activities: new and used equipment sales, whereby it sells new agricultural and construction equipment; parts sales, whereby it maintains a parts inventory to provide parts and repair and maintenance support to its customers; equipment repair and maintenance services, whereby it provides repair and maintenance services for its customers' equipment; and equipment rental and other activities, whereby it rents equipment to its customers.
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Avg. Broker Rec.
 
|
Strong Buy (3.50 out of 4) 55th percentile
(ranked higher than approx. 55% of all stocks covered)
Analysts' Target Price: TITN Stock Forecast Based on Zacks ABR data; powered by Xignite |
