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BUCY » Topics » Acquisition of DBT

These excerpts taken from the BUCY 10-K filed Feb 29, 2008.

Acquisition of DBT

On May 4, 2007, we consummated the acquisition of DBT, a subsidiary of RAG Coal International AG (“RAG”). DBT is a leading worldwide supplier of complete system solutions for underground coal mining. DBT manufactures hydraulic roof support systems, armored face conveyers, automated plow systems, longwall shearers, continuous miners, continuous haulage systems, feeder breakers and underground haulage and utility vehicles used primarily by customers who mine coal. The total purchase price included $708.3 million in cash and the issuance of 471,476 shares of our Class A common stock with an initial market value of $21.8 million.

Acquisition of DBT

STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%">On May 4, 2007, we consummated the acquisition of DBT, a subsidiary of RAG Coal International AG (“RAG”). DBT is a leading worldwide
supplier of complete system solutions for underground coal mining. DBT manufactures hydraulic roof support systems, armored face conveyers, automated plow systems, longwall shearers, continuous miners, continuous haulage systems, feeder breakers and
underground haulage and utility vehicles used primarily by customers who mine coal. The total purchase price included $708.3 million in cash and the issuance of 471,476 shares of our Class A common stock with an initial market value of $21.8
million.

EXCERPTS ON THIS PAGE:

10-K (2 sections)
Feb 29, 2008

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