Major Deal Shaking Up the Transportation Industry | Cummins Buys Meritor

from In the Hot Seat | The Business of Transportation · host The Tenney Group

Cummins Inc. (NYSE: CMI) and Meritor, Inc. (NYSE: MTOR) have announced a deal where Cummins will pay $36.50 in cash per Meritor share. This brings the total deal value to approximately $3.7 billion.   This is a major acquisition in the transportation industry. Spencer Tenney spoke with FreightWaves TV's Anthony Smith and Tony Mulvey about this acquisition and what it means for the transportation industry going forward.

Episode metadata supplied by the publisher feed · Published Sep 1, 2022

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Major Deal Shaking Up the Transportation Industry | Cummins Buys Meritor

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