Tornado Infrastructure Equipment to Be Acquired by the Toro Company

Core Points - Tornado Infrastructure Equipment Ltd. has entered into a definitive agreement with The Toro Company for an acquisition [1] - The acquisition will involve a subsidiary of The Toro Company purchasing all outstanding Class "A" common shares of Tornado [1] - The transaction is structured as an all-cash deal at a price of CAD $1.92 per share [1] Company Summary - Tornado Infrastructure Equipment Ltd. is set to be acquired by The Toro Company [1] - The transaction reflects a strategic move in the infrastructure equipment sector [1] Financial Details - The purchase price for the shares is CAD $1.92 each [1] - The transaction is expected to be completed in cash, indicating a straightforward financial arrangement [1]