Bucyrus buying Terex mining business

Dec 29, 2009 | 11:27 AM | Corinna Petry

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

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

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