Maxim options

25 April 2008

In the US Maxim Crane Works Holdings, Inc., has retained Goldman, Sachs & Co. to act as financial advisor while “exploring strategic business alternatives that will enable Maxim to continue to grow its business.”

A comment on the particulars and possibilities of the plan was unavailable but a statement said, “alternatives under consideration would include a merger, sale of the business, or other potential transactions.”

In Chapter 11 from June to December 2004 Maxim was the subject of an unsuccessful US$325 million bid from AmQuip.

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