Terex Corporation has entered into an agreement with REV Group, Inc. for an all-stock merger. Under the terms of the agreement, Terex and REV will combine, with Mr. Meester set to serve as CEO of the newly formed company. Recent filings detail that a revised summary term sheet has been exchanged between the parties, confirming key financial terms and the leadership structure following the merger. The companies have also addressed shareholder communications regarding disclosure matters, emphasizing that additional disclosures have been made to facilitate the completion of the transaction. The merger remains subject to approval at a special meeting of Terex stockholders scheduled for January 28, 2026.

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