Meritor

CUMMINS REPORTS STRONG FOURTH QUARTER AND FULL YEAR 2022 RESULTS Net income attributable to Cummins in the fourth quarter was $631 million, or $4.43 per diluted share. The tax rate in the fourth quarter was 17.2 percent including $52…

CUMMINS IS SET TO TAKE OVER MERITOR Cummins is going to take over Meritor. The first is willing to pay $36.50 in cash per Meritor share, for a total transaction value of approximately $3.7 billion, including assumed debt and net of…