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Post by Woodbeef on Mar 8, 2002 14:54:09 GMT 1
Agco payed Cat with 1,020,356 shares of unregistered(with the SEC)Agco stock. Cat can not turn around and sell this stock. I wonder how large a shareholder in Agco that now makes Cat?
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Post by kenjar on Mar 9, 2002 19:40:12 GMT 1
Yes I read that also, don't know how large a share that would give CAT. Maybe enough that when CAT talks AGCO will listen. Now we will wait to see how the product lines take shape, should be interesting.  |
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Post by leemsutton on Mar 10, 2002 13:53:04 GMT 1
hhhhmmmm interesting eh!
So whats that all about. AGCO not got any money to pay CAT so they give them shares instead. Sounds to me like CAT's up for buying AGCO!
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Post by Si on Mar 10, 2002 20:53:16 GMT 1
It looks like Massey Dealers will get the new Cats, I have heard from a good source that Class's Cat product specalist has left Class and joined Agco, it looks like the writing is on the wall!!
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Post by oort.mf@tref.nl on Mar 10, 2002 21:26:16 GMT 1
There both winners. Cat challenger can sell to a worldwide dealernetwork. And Agco can use Cat components (technology). I hope MF get on the hole line Perkins engines. Tractors Combines.
They now use some cummins,sisu.
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