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| ALG > SEC Filings for ALG > Form 8-K on 10-Sep-2009 | All Recent SEC Filings |
10-Sep-2009
Entry into a Material Definitive Agreement, Financial Statements and Exhibits
On September 4, 2009, - Alamo Group Inc. (the "Company") announced that it has entered into an Asset Purchase Agreement, dated September 4, 2009 (the "Asset Purchase Agreement"), between the Company and Bush Hog, LLC ("Bush Hog") to acquire the majority of the assets and assume certain liabilities of Bush Hog. a leader in the design, manufacture, distribution and service of rotary cutters and other agricultural implements and equipment. The purchase consideration is 1.7 million shares of Alamo Group Inc. common stock which, after the closing, will represent approximately 14.5% of the outstanding common stock ($0.10 par value) of Alamo Group. The purchase includes substantially all of the ongoing business of Bush Hog, including the Bush Hog brand name and all related product names and trademarks. The purchase is expected to close within 90 days, assuming customary regulatory approvals and the completion of other standard requirements.
The foregoing descriptions of the Asset Purchase Agreement do not purport to be complete and are qualified in their entirety by reference to the Asset Purchase Agreement copy of which is attached hereto as Exhibit 2.1, and is incorporated herein by reference.
(d) Exhibits.
Exhibit No. Description of Exhibit
2.1 Asset Purchase Agreement, dated September 4, 2009, between the
Company and Bush Hog.
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