Department of Justice Clears ABB Purchase of Baldor Electric by Arkansas Business Staff Posted 1/20/2011 03:55 pm Updated 4 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 stories older than 15 days. Purchase Now Already have archive access? Login to view this article.