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Jim Cramer — Joy Global Takeover Is 'Remarkable'

"I was shocked," TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio, said about the news that Joy Global (JOY) is being acquired.

The company is being purchased for $2.9 billion by Japan-based Komatsu (KMTUY) , Cramer said on CNBC's "Mad Dash" segment Thursday. Now Joy Global's stock rally makes a little more sense...