Textron Inc. said on Wednesday it would buy Minnesota-based Arctic Cat Inc. to accelerate its push into the recreational vehicle market amid slowing sales of its Cessna business jets, which weighed on ...

Textron Inc. is acquiring Minneapolis-based snowmobile and ATV manufacturer Arctic Cat in a $247 million cash transaction. Analysts that monitor one or both companies have called Wednesday’s deal a ...

Bringing Arctic Cat under golf cart maker Textron Inc.'s umbrella might be just the deep-pocketed shove needed to push a determined but struggling underdog into the big leagues — or at least ensure ...

Arctic Cat owner stopping all production, could sell the Minnesota snowmobile and ATV maker Textron Inc. had already announced it was halting factory work in Thief River Falls and cutting the ...

Textron's offer values Arctic Cat at $247 million plus the assumption of all the company's debt. Those with a stake in the winter-toy maker will receive a tender offer of $18.50 per share. Textron CEO ...

Jan 25 (Reuters) - Cessna aircraft maker Textron Inc reported a 4.4 percent fall in quarterly profit, and said it would buy snowmobile and all-terrain vehicle maker Arctic Cat Inc for $247 million in ...

Textron Specialized Vehicles has added nearly 7,000 vehicles to its recall of Arctic Cat and Tracker Side-by-Side recreational off-highway vehicles because of the risk of a crash. The vehicle can move ...