Titan Machinery Announces Agreement to Acquire St. Joseph Equipment Inc.'s Construction Equipment Business

Titan Machinery Inc. announced it has entered into a definitive purchase agreement to acquire St. Joseph Equipment Inc.'s construction equipment business. The acquisition consists of four construction equipment locations in Shakopee, Hermantown and Elk River, Minnesota, and La Crosse, Wisconsin. The acquisition is subject to customary conditions to closing and is expected to close by the end of May 2011.

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