Regal Beloit Acquires From AOS
Posted on December 14, 2010 at 13:05 PM EST
Regal Beloit Corporation (NYSE:RBC) recently announced that it will acquire 100% of the stock and assets of Electrical Products Company (“EPC”) from A.O. Smith Corporation (NYSE:AOS) for approximately $875 million. The total consideration for the acquisition comprises $700 million of cash and approximately $175 million in shares of Regal Beloit common stock. This is the [...]
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