 Meritor, Inc. NYSE: MTOR, whose shares rose by 45, and Cummins Inc. NYSE: CMI recently announced theyd executed a definitive purchase agreement whereby Meritor, a leader of the electric powertrain, aftermarket, braking, mobility and drivetrain options for industrial and commercial vehicle markets, will be acquired by Cumins. . According to the agreement, Cumins will pay Meritor 36.50 in cash ... The post Meritor shares shoot up by 45 after announcing itd be acquired by Cumins appeared first on Invezz. 