Terex Corporation (NYSE: TEX) and Rev Group, Inc. (NYSE: REVG) have received stockholder approval for their merger, announced on January 28, 2026. The companies expect to close the transaction in the first week of February 2026, subject to the satisfaction or waiver of the remaining closing conditions.
At the special meeting of Terex stockholders, more than 95% of the votes cast were "for" the Terex stock issuance proposal. On the other hand, at Rev's special meeting, more than 80% of the outstanding shares of Rev common stock (over 99% of the votes cast) were "for" the Rev merger proposal, and more than 96% of the votes cast were "for" the Rev advisory compensation proposal.
Terex Corporation is a global industrial equipment manufacturer that designs, builds, and supports products used in maintenance, manufacturing, energy, minerals and materials management, construction, waste and recycling, and the entertainment industry. They provide best-in-class lifecycle support to customers through their global parts and services organization and offer complementary digital solutions.
The complete results of both special meetings can be found in the respective companies' form 8-Ks, which will be filed with the U.S. Securities and Exchange Commission. Today the company's shares have moved -1.08% to a price of $67.81. Check out the company's full 8-K submission here.
