Thursday, Trinity Industries Inc. (TRN) commenced a tender offer by its subsidiary, THP Merger Co., for all outstanding shares of common stock of Quixote Corp. (QUIX) for $6.38 per share, net to the seller in cash, without interest. The offer is made following an Offer to purchase and in connection with the Agreement and Plan of Merger by and among Trinity Industries Inc., THP Merger Co., a subsidiary of Trinity and Quixote Corp.
The tender offer is scheduled to expire on February 4, 2010, unless the tender offer is extended. Following the completion of the tender offer Trinity Industries, Inc. expects to consummate a merger in which remaining Quixote stockholders will receive the same $6.38 cash price per share, without interest, as paid in the tender offer.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.