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 ...

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, 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 ...

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 ...

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 ...

GRAPEVINE, Texas—Cummins completed its acquisition of Meritor last August and has now revealed how the manufacturer of brakes, axles, and other vital commercial vehicle components will fit into 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 may be all about diesel engines, but the heads of the company know that they need to start looking into electric or electrified powertrains, which is why they want to buy Meritor. This company ...

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 ...