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2025-11-10 20:41
Tornado Infrastructure Equipment Ltd. ("Tornado" or the "Company") (TSXV:TGH)(OTCQX:TGHLF) today announced that it has filed and is in the process of mailing its management information circular and related materials to securityholders (the "Securityholders") in connection with its previously announced plan of arrangement (the "Arrangement") involving the Company, The Toro Company ("Toro") and Tornado Acquisition Company ULC (the "Purchaser"), an affiliate of Toro, pursuant to which, among other things, all of the issued and outstanding Class "A" common shares (the "Shares") in the capital of the Company will be acquired by the Purchaser for cash consideration of $1.92 per Share (the "Consideration").