White & Case Guides Toyota's $759M Truck Parts Co. Buy

Law360, New York (October 22, 2012, 3:38 PM EDT) -- Toyota Industries Corp. on Monday said it has agreed to acquire Cascade Corp., a lift truck parts manufacturer, in a $759 million deal aimed at expanding the Japanese automaker's global lift truck business.

Under the terms of the deal, Toyota will acquire Cascade for $65 per share, representing a 23 percent premium over Cascade's volume-weighted average share price for the 60 days ending Oct. 19, the companies said in a joint statement. The transaction has been unanimously approved by both Toyota's and Cascade's board of directors....
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