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 ...

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 ...

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 ...

Cummins Inc. plans to showcase for the first time an electric powertrain that integrates technology and parts from a $3.7 billion acquisition of an automotive parts supplier that used to be a major ...

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 ...

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 ...

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 ...

(RTTNews) - Cummins Inc. (CMI) and axle and brake technology firm Meritor, Inc. (MTOR) announced Tuesday that they have entered into a definitive agreement under which Cummins will acquire Meritor for ...

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 ...

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 ...

Cummins Inc. and Meritor, Inc. today announced that they have entered into a definitive agreement under which Cummins will acquire Meritor, a leader of drivetrain, mobility, braking, aftermarket and ...

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 ...