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Monday, November 15, 2010

Caterpillar Buying Bucyrus (BUCY, CAT) | Benzinga.com

(by Associated Press)

Caterpillar (NYSE: CAT) announced just now it is buying Bucyrus International, Inc. (NASDAQ: BUCY) for $92 per share in cash, in an effort to increase its presence in mining equipment. It's a 32% premium to Friday's close for Bucyrus. ...

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