The U.S. Department of Justice has approved Caterpillar Inc.’s (NYSE:CAT) acquisition of Bucyrus International Inc. (NASDAQ:BUCY). The deal is expected to close in mid-2011. Check Out Wall St. Cheat Sheet’s in-depth analysis of the deal.
Caterpillar already reported a positive quarter of earnings with a 57% rise in sales. So, the company continues to fire on all cylinders.