JLG Industries last week announced it submitted a request to the New York Stock Exchange for withdrawal of the listing of its common stock effective Dec. 8.
JLG is in process of being acquired by Oshkosh Truck Corp., in an agreement announced Oct. 16. Its proposed de-listing is contingent, among other conditions, upon shareholder approval and closing of the transaction, which is expected to occur on Dec. 6. If the shareholders approve the transaction, JLG will become a wholly owned subsidiary of Oshkosh, and the stock will cease trading on Dec. 8.
In other JLG news, the United States Army last week said it awarded a delivery order contract worth $23.7 million to JLG for services on forklifts.
JLG is the world’s leading producer of aerial work platforms and telehandlers. The company is based in McConnellsburg, Pa.
