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 6 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 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.