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Terex to merge with Finnish supplier

Westport-based heavy equipment maker Terex Corp. and the Finnish supplier of such equipment, Konecranes Plc, jointly announce merger.

Terex earnings slip, missing estimates

Losses widened for Westport-based Terex Corp., which saw net sales decline 13.3 percent to $1.7 billion in the fourth quarter of 2012 from $1.96 billion a year prior.