Department of Justice Clears ABB Purchase of Baldor Electric by Arkansas Business Staff Posted 1/20/2011 03:55 pm Updated 6 years ago The Antitrust Division of the U.S. Department of Justice has cleared ABB's proposed $4.2 billion acquisition of Baldor Electric Co. of Fort Smith, announced in November. Want the Full Article? Get Unlimited Archive Access for $19.95 per Year Readers must pay to access articles older than 15 days. Articles newer than 15 days are not included in this offer. Purchase Now Already have archive access? Login to view this article.