Caterpillar Gets a Lift

News that the construction equipment maker is discussing a plan to buy most of Shin Caterpillar Mitsubishi Ltd. helps boost the shares

Caterpillar (CAT), known for its yellow bulldozers, could be called a trailblazer in Asia. The Peoria, Ill.-based construction equipment maker has been moving much of the business overseas and investors are finally noticing. Shares of the compnay rose 2.5% to $67.82 on Feb. 15 on news that Caterpillar executives are discussing a plan to buy most of Shin Caterpillar Mitsubishi Ltd. (SCM).

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