DEALTALK-Terex CEO bets big and investors double down

Newswire

(For more Reuters DEALTALKs, click [DEALTALK/]) * Company says mining divestiture part of transformation * Stock trades at double the multiple of company's peers * Are investors betting on Terex's success or outside bid? By James B. Kelleher CHICAGO, Feb 25 (Reuters) - M&A is a game of chance that Ron DeFeo has played often and well. Now, as the head of Terex Corp finds himself in the middle of what may be his biggest bet yet, Wall Street appears to be right there beside him, ...

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