Emerson to Buy SPX Venture Stake for $571 Million

Emerson Electric agreed to take full ownership of EGS Electrical Group, its joint venture with SPX Corp., paying the industrial-equipment maker $571 million for its 44.5% stake.



from WSJ.com: US Business http://online.wsj.com/article/SB10001424052702303497804579237852995120062.html?mod=pls_whats_news_us_business_f

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