$4.2B Acquisition of Baldor Appears to Be on Schedule

by Robert Bell  on Monday, Jan. 24, 2011 12:00 am  

Kermit Kuehn, an economist at the University of Arkansas at Fort Smith, said only time would tell how the Baldor purchase would affect Fort Smith.

Analysts and observers generally took a positive view of the acquisition of Baldor Electric Co. of Fort Smith by Swiss power and automation giant ABB Ltd.

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