Cat acquires Bucyrus for $8.6 billion

Tina Grady Barbaccia - Nov 15, 2010

Caterpillar Inc. has agreed to acquire Bucyrus International Inc. for $8.6 billion, including net debt. The acquisition is part of Cat's "key strategic imperative to expand its leadership in the mining equipment industry." Caterpillar says the acquisition will also help it "capitalize ...

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