Seeking Alpha

Bucyrus International, Inc. (BUCY)

BUCY is defunct.
  • Jul. 8, 2011, 1:36 PM
    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.
    | Jul. 8, 2011, 1:36 PM | Comment!
  • May 24, 2011, 1:28 PM
    With its $8.6B deal for Bucyrus (BUCY) on track, Caterpillar (CAT -0.4%) now needs to pay for it - and sets a $4.5B four-part debt offering, to go along with some $3.3B in cash and some commercial paper.
    | May 24, 2011, 1:28 PM | Comment!
  • May 21, 2011, 5:05 AM
    Caterpillar's (CAT) $8.6B acquisition of Bucyrus (BUCY) gets its antitrust OK from the Justice Department, and should now close around midyear. (deal backstory)
    | May 21, 2011, 5:05 AM | Comment!
Company Description
We are a leading designer and manufacturer of safe and highly productive mining equipment for the extraction of coal, copper, oil sands, iron ore and other minerals in major mining centers throughout the world. In addition to the manufacture of original equipment, we also provide the aftermarket... More