Paying Attention To The Writing On The Wall

Git ‘er Done

John Deere (+0.08%), strapped up its blue overalls, hocked a fat ‘ole loogie into a steel bucket and got down to business Thursday, purchasing German road construction firm, Wirtgen Group, for a cool $4.88 billion.
Here’s what you need to know:

• Over the last three years, weak harvests and falling agricultural commodity prices have eaten away at the company’s bottom line
• That’s significant because 70% of Deere & Co’s operations focus on turf and agriculture
• The good news? Wirtgen’s network and construction business is not just the lifeline it wanted, but the lifeline it needed

Fow now, John Deere’s brushing off that faint echo of Bill Engvall whispering in its ear… “Here’s your sign.”

(BroBible.com)