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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) August 26, 1999
TEREX CORPORATION
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(Exact Name of Registrant as Specified in Charter)
Delaware 1-10702 34-1531521
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
500 Post Road East, Suite 320, Westport, Connecticut 06880
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (203) 222-7170
NOT APPLICABLE
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(Former Name or Former Address, if Changed Since Last Report)
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Item 5. Other Events.
On August 26, 1999, Terex Corporation ("Terex") completed the acquisition of all
of the outstanding capital stock of Cedarapids, Inc. ("Cedarapids"). Cedarapids
is a manufacturer and marketer of mobile crushing and screening equipment,
asphalt pavers and asphalt material mixing plants. Cedarapids has manufacturing
facilities in Cedar Rapids, Iowa and in Glasgow, Missouri.
The purchase price for this acquisition was approximately $170 million in cash,
subject to adjustment. The acquisition was financed through cash on hand at
Terex and approximately $125 million in debt under a Terex bank credit facility.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: September 9, 1999
TEREX CORPORATION
By: /s/ Eric I Cohen
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Name: Eric I Cohen
Title: Senior Vice President
and General Counsel
