Wabash National, Supreme start up $364M truck manufacturing deal
August 23, 2017
Road | Goshen, IN | Corporate Acquisition
Wabash National, a manufacturer of semitrailers and liquid transportation systems, has commenced its cash tender offer for Supreme Industries, a maker of truck bodies, for $21 per share. The amount is a premium of approximately 36% over Supreme's closing price on August 8, the day the deal was announced. Earlier this month, Supreme's board unanimously approved Wabash National's takeover offer.