Baldor Owner ABB to Buy Thomas & Betts for $3.9 Billion

by Arkansas Business Staff  on Tuesday, Jan. 31, 2012 8:34 am  

Swiss power and technology group ABB, which purchased Baldor Electric Co. in 2010, says it will buy Thomas & Betts Corp. of Memphis, which specializes in low voltage electrical products, for $3.9 billion in cash.

Want the Full Article?

Get Unlimited Archive Access for $19.95 per Year

Readers must pay to access stories older than 20 days.

Purchase Now
Search

Latest Arkansas Business Poll

Do you approve of Gov. Hutchinson's plan to deal with health care?