Cummins Inc. announced a definitive all-cash agreement to purchase Meritor Inc. for $36.50 per share, giving it a transaction value of $3.7 billion. The per share price is a 48% premium over the close ...

Cummins on Tuesday morning announced it plans to acquire Meritor – a Troy, Michigan-based supplier of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial ...

To further accelerate the development of electrified power solutions for commercial vehicles, Cummins is acquiring Meritor Inc., a global provider of drivetrain, mobility, braking, aftermarket, and ...

Columbus-based Cummins Inc. plans to acquire Troy, Michigan-based Meritor Inc. in a $3.7 billion deal that Cummins says will boost its ability to offer electric and hybrid products to customers. The ...

COLUMBUS, Ind. & TROY, Mich.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) and Meritor, Inc. (NYSE: MTOR) today announced that they have entered into a definitive agreement under which Cummins will ...

COLUMBUS, Ind — For the first time since finalizing the acquisition of Meritor, Inc. last month, Cummins Inc. (NYSE: CMI) will showcase Meritor’s 17Xe ePowertrain assembled with a Cummins battery ...

Cummins is buying Meritor in a deal that will give the company a broad reach in traditional powertrains and components as well as accelerating its development of battery-electric and ...

In the third – and by far largest – move in the month of February, Cummins has announced a definitive agreement to acquire global powertrain specialist Meritor for approximately $3.7 billion. “The ...

COLUMBUS, Ind. (Inside INdiana Business) — Columbus-based Cummins Inc. (NYSE: CMI) says it has entered into an agreement to acquire Meritor Inc. (NYSE: MTOR) in Michigan in a deal valued at $3.7 ...

Cummins said Tuesday it had reached an agreement to acquire Michigan-based Meritor Inc. for $36.50 in cash per share, a 48% premium on Meritor’s closing price on Friday. The deal is expected to close ...

Cummins will acquire Meritor for $3.7 billion. Meritor is a supplier of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. “The ...

Mike Wolanin | The Republic A banner of J. Irwin Miller, former president and chairman of Cummins, is visible in a gathering space in the basement of the newly remodeled Cummins Corporate Office ...