8-KRegulation FDExhibits & Filings

CATERPILLAR INC 8-K Report, Regulation FD Disclosure (Jun 1, 2010)

Filed June 1, 2010For Securities:CAT

Summary

Caterpillar Inc. (CAT) announced on June 1, 2010, a significant strategic acquisition with the purchase of Electro-Motive Diesel, Inc. for $820 million in cash. This transaction was executed through United Industries Corporation, a wholly owned subsidiary of Progress Rail Services Corporation, which is itself a wholly owned subsidiary of Caterpillar. The acquisition of Electro-Motive Diesel, a prominent manufacturer of diesel-electric locomotives and diesel engines, represents a substantial investment by Caterpillar and is expected to expand its product offerings and market presence within the transportation and energy sectors. Investors should monitor the integration of this new business and its impact on Caterpillar's future financial performance and market diversification.

Key Highlights

  • 1Caterpillar Inc. acquired Electro-Motive Diesel, Inc. for $820 million in cash.
  • 2The acquisition was completed on or before June 1, 2010.
  • 3The purchasing entity was United Industries Corporation, a subsidiary of Progress Rail Services Corporation.
  • 4Progress Rail Services Corporation is a wholly owned subsidiary of Caterpillar Inc.
  • 5This acquisition is a material event disclosed under Regulation FD.
  • 6The acquisition is expected to expand Caterpillar's product portfolio and market reach.

Frequently Asked Questions

The primary purpose of this 8-K filing was to publicly disclose Caterpillar Inc.'s acquisition of Electro-Motive Diesel, Inc. for $820 million in cash, in compliance with Regulation FD.

Electro-Motive Diesel, Inc. is a manufacturer of diesel-electric locomotives and diesel engines. Its acquisition is significant as it represents a substantial investment by Caterpillar aimed at expanding its product offerings and presence in the transportation and energy sectors.

The acquisition was structured as an all-cash transaction for $820 million. United Industries Corporation, a wholly owned subsidiary of Caterpillar's subsidiary Progress Rail Services Corporation, was the purchasing entity.

Yes, the acquisition of Electro-Motive Diesel, Inc. is a material event and will impact Caterpillar's consolidated financial statements going forward. The specific financial details and integration plans will likely be elaborated on in future filings.