Caterpillar completes Bucyrus purchase

Jul 11, 2011 | 04:43 PM |

Tags  Bucyrus, Caterpillar, carbon plate, acquisition

PITTSBURGH — Caterpillar Inc. has completed its acquisition of Bucyrus International Inc., just hours after China approved the $8.8-billion deal.

Peoria, Ill.-based Caterpillar announced in November it would absorb Bucyrus as it bets big on the forecast growth of heavy mining industries like iron ore and copper, especially in emerging economies....

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