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tdp2664 E money daily Caterpillar (NYSE:CAT) has acquired Bucyrus International. Caterpillar (NYSE:CAT) Buys Bucyrus Caterpillar (NYSE:CAT), the most trusted heavy machinery and equipment maker, has acquired its opponent Bucyrus International Inc. at $8.8 billion. Caterpillar (NYSE:CAT) has decided that Bucyrus equipment will now be sold under the Caterpillar brand name. Bucyrus will add to Caterpillar's (NYSE:CAT) widespread product line, giving it the widest range of mining machinery and equipment of any international manufacturer. Rusty Dunn, a Caterpillar (NYSE:CAT) spokesman said that, “The decision to go with one brand was not taken lightly. There was a lot of time and attention given to the branding decision.” Caterpillar Inc. (NYSE:CAT) shares are currently standing at 83.25. Price History Last Price: 83.25 52 Week Low / High: 63.36 / 116.55 50 Day Moving Average: 98.39 6 Month Price Change %: -17.2% 12 Month Price Change %: 28.7%
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