Bucyrus set to acquire Terex mining business for $1.3B

Dec 22, 2009 | 11:46 AM | Lisa Gordon

Bucyrus International Inc. has signed an agreement to acquire the mining equipment business of Terex Corp. for $1.3 billion in cash.

The products to be divested by Westport, Conn.-based Terex include hydraulic mining excavators, electric drive mining trucks, track and rotary blasthole drills and the highwall miner, as well as related parts and aftermarket service businesses,....

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