Shares of Bucyrus (BUCY +0.2%) gain after Caterpillar (CAT -1.4%) announces it has received...

|About: Bucyrus International, Inc. (BUCY)|By:, SA News Editor

Shares of Bucyrus (BUCY +0.2%) gain after Caterpillar (CAT -1.4%) announces it has received approval from the Peoples Bank of China to buy the company, following an anti-trust thumbs-up from the U.S. in May, setting the stage to close the $8.8B cash-only deal.