Caterpillar's (CAT +0.8%) bid to buy ERA Mining is in the stretch run with final details of the...

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

Caterpillar's (CAT +0.8%) bid to buy ERA Mining is in the stretch run with final details of the $6.9B merger still being hammered out. One of the bigger items on the table is if the deal will be an all-cash offer or be financed by a note with a valuation tied to the gross profit of the company.