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Tag: Caterpillar Vice President Chris Curfman
Business
A bigger Cat ready to serve mining industry
If discontinuing the 5000 Series shovels was a half-step back from the mining industry, Caterpillar is primed to take three or more steps forward. “We’re ready to get started,” says Steve Wunning, Caterpillar group president, upon the July 8 announcement that the company’s $8.8-billion acquisition of Bucyrus International is complete. Caterpillar is adding about 120 […]
July 13, 2011
Roadbuilding
Cat completes Bucyrus acquisition
Caterpillar Inc. has completed its acquisition of Bucyrus International Inc., the company publicly announced on July 11. Caterpillar funded the acquisition, valued at about $8.8 billion (including net debt), using cash from its balance sheet and debt. The company did not issue equity to help fund the transaction. Caterpillar Group President Steve Wunning will have […]
July 11, 2011
Business
Cat completes Bucyrus acquisition
Caterpillar Inc. has completed its acquisition of Bucyrus International Inc., the company publicly announced on July 11. Caterpillar funded the acquisition, valued at about $8.8 billion (including net debt), using cash from its balance sheet and debt. The company did not issue equity to help fund the transaction. Caterpillar Group President Steve Wunning will have […]
July 11, 2011
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