Baldor Electric Sold to Swiss Company ABB in $4.2 Billion Deal by Gwen Moritz and Lance Turner Posted 11/30/2010 06:53 am Updated 4 years ago Publicly traded ABB of Zurich will pay $63.50 per share in cash, a 41 percent premium over Monday's closing price for Baldor stock. 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 Already have archive access? Login to view this article.