Caterpillar Beats Suit Over $580M Post-Merger Loss

By Braden Campbell (September 30, 2016, 7:14 PM EDT) -- An Illinois federal judge on Thursday tossed a derivative suit alleging construction vehicle maker Caterpillar Inc. rubber-stamped its 2012 purchase of Chinese manufacturer Siwei months before it announced a $580 million loss on the purchase, ruling that the complaint makes plain that the company conducted an adequate review....

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