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On June 1, 2010, Caterpillar Inc. announced it had agreed to buy Electro-Motive Diesel, Inc. from Greenbriar, Berkshire et al. for $820 million. Caterpillar's wholly owned subsidiary, Progress Rail Services Corporation, completed the transaction on August 2, 2010, making Electro-Motive Diesel, Inc. a wholly owned subsidiary of Progress Rail Services Corporation

 

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