(Bloomberg) -- Columbus McKinnon Corp. has agreed to buy machinery maker Kito Crosby from KKR & Co. in a transaction valued at $2.7 billion. The all-cash deal is being financed by JPMorgan Chase ...

Moody's decision to review Kito Crosby's ratings for an upgrade is based on the fact that the company will become part of Columbus McKinnon, a higher rated and well-capitalized entity. The merger ...