Mar 29, 2:06 AM EDT
Everything You Need To Know, Right Now.
Stay connected to the biggest stories unfolding in technology.
The IBTech Newsletter keeps you connected to the biggest stories unfolding in technology.
Please enter a valid email
Media & Culture
Caterpillar paying $7.6 bln for rival Bucyrus
By IBT Staff Reporter on 11/15/10 AT 1:07 PM
Caterpillar Inc., which makes earthmoving machinery, agreed to buy rival Bucyrus International for a total of $7.6 billion, or $92 per share, in cash to boost its presence in the mining equipment industry.