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Non-Tech : New Holland and the Ag Equipment Group

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To: Michael Burry who wrote ()8/19/1999 9:30:00 PM
From: kendall harmon  Read Replies (1) of 113
 
AG--an important post showed up on the yhoo AG board

What does this mean?

From starks news service:

starks-news.com

Any asset divestitures that might be required by the Justice Department would need potential buyers. Caterpillar Inc. (CAT), it is understood, still is "not currently interested" is picking up any of the Case-New Holland assets that could be tendered. But interest could be reactivated, as it opened and closed secretive talks with another farm machinery manufacturer more than three months ago about a possible acquisition

Could it mean AG will help out their divestitures?

poster: uk9ase
URL: post.messages.yahoo.com.

I find this post both baffling and intriguing. With whom I wonder was CAT having secret talks? If they were having them does this not lend further credence to the idea that consolidation in this industry is a real possibility?
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