Swiss rival set to buy Baldor for $4 billion

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Swiss rival set to buy Baldor for $4 billion

Posted: December 1, 2010 at 3:42 a.m.

Swiss competitor ABB Ltd. is buying electric-motor manufacturer Baldor Electric Co. in a $4.2 billion deal, the Arkansas company announced Tuesday.

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Front Section, Pages 1 on 12/01/2010

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