OT: Caterpillar to buy Bucyrus for $7,6B

Not exactly home, but interesting...
<http://news.morningstar.com/all/dow-jones/us-markets/201011150819/000153/caterpillar-to-buy-mining-equipment-company-bucyrus-for-76-billion.aspx ?
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<http://news.morningstar.com/all/dow-jones/us-markets/201011150819/000153/caterpillar-to-buy-mining-equipment-company-bucyrus-for-76-billion.aspx ?
I hate to see a 130 year old company being sold. Of course, they did some buying over the years themsleves.
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"dpb" wrote:

<http://news.morningstar.com/all/dow-jones/us-markets/201011150819/000153/caterpillar-to-buy-mining-equipment-company-bucyrus-for-76-billion.aspx ? --------------------------------- Am I dating myself or what?
I still remember when it was Bucyrus-Erie and was located in Ohio.
Time moves on.
Lew
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For a company that made machines that dug the Panama Canal they had a good run. It isn't that they were so bad but the bigger fish just ate them. A down year or quarter isn't much for a long range company.
Martin
On 11/15/2010 9:16 PM, Ed Pawlowski wrote:

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