$4.2B Acquisition of Baldor Appears to Be on Schedule

by Robert Bell  on Monday, Jan. 24, 2011 12:00 am   6 min read

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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