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MTOR / Meritor shares headed toward 24-year high after Cummins buys axle, braking and powertrain maker for $3.7 billion

Meritor shares headed toward 24-year high after Cummins buys axle, braking and powertrain maker for $3.7 billion
Shares of Meritor Inc., a maker of axle, braking and electric powertrain components, were headed toward a 24-year high Tuesday, after the company announced a deal to be acquired by diesel truck engine maker Cummins Inc. for $3.7 billion in cash. Read More
Posted: Feb 22 2022, 14:11
Author Name: Market Watch
Views: 110849

MTOR News  

Meritor buying Siemens electric propulsion business

By FreightWaves
May 20, 2022

Meritor buying Siemens electric propulsion business

Even as its $3.7 billion merger with Cummins Inc. proceeds, Meritor Inc. said Friday it has agreed to purchase the Siemens Commercial Vehicles electri more_horizontal

Meritor (MTOR) Inks Pact With ConMet on Zero-Emission Trailers

By Zacks Investment Research
March 7, 2022

Meritor (MTOR) Inks Pact With ConMet on Zero-Emission Trailers

Meritor (MTOR) partners with ConMet to work on an innovative and futuristic zero-emission refrigerated trailer system. more_horizontal

Meritor (MTOR) Inks Pact With ConMet on Zero-Emission Trailers

By Zacks Investment Research
March 7, 2022

Meritor (MTOR) Inks Pact With ConMet on Zero-Emission Trailers

Meritor (MTOR) partners with ConMet to work on an innovative and futuristic zero-emission refrigerated trailer system. more_horizontal

Meritor (MTOR) Inks Pact With ConMet on Zero-Emission Trailers

By Zacks Investment Research
March 7, 2022

Meritor (MTOR) Inks Pact With ConMet on Zero-Emission Trailers

Meritor (MTOR) partners with ConMet to work on an innovative and futuristic zero-emission refrigerated trailer system. more_horizontal

Larry Robbins Shifts Meritor Stake Into a Higher Gear

By GuruFocus
February 28, 2022

Larry Robbins Shifts Meritor Stake Into a Higher Gear

Following a boost in the fourth quarter, Glenview Capital Management's Larry Robbins (Trades, Portfolio) disclosed last week he further increased his more_horizontal

Larry Robbins Shifts Meritor Stake Into a Higher Gear

By GuruFocus
February 28, 2022

Larry Robbins Shifts Meritor Stake Into a Higher Gear

Following a boost in the fourth quarter, Glenview Capital Management's Larry Robbins (Trades, Portfolio) disclosed last week he further increased his more_horizontal

Larry Robbins Shifts Meritor Stake Into a Higher Gear

By GuruFocus
February 28, 2022

Larry Robbins Shifts Meritor Stake Into a Higher Gear

Following a boost in the fourth quarter, Glenview Capital Management's Larry Robbins (Trades, Portfolio) disclosed last week he further increased his more_horizontal

Cummins (CMI) to Takeover Meritor (MTOR) in $3.7 Billion Deal

By Zacks Investment Research
February 23, 2022

Cummins (CMI) to Takeover Meritor (MTOR) in $3.7 Billion Deal

To drive powertrain technology and give a push to electric and hybrid vehicle parts, Cummins (CMI) is set to acquire Meritor (MTOR). more_horizontal


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