Confirming earlier reports (I, II), Caterpillar (CAT) makes a pre-conditional offer to acquire...

|About: Caterpillar Inc. (CAT)|By:, SA News Editor

Confirming earlier reports (I, II), Caterpillar (CAT) makes a pre-conditional offer to acquire ERA Mining Machinery in a deal aimed at helping CAT increase its presence in China. Shareholders of ERA will have to choose between an all-cash offer or a loan note alternative.