| Thomas & Betts key for new owners |
Memphis Business JournalIf Memphians are looking for signs of how ABB Ltd. will treat Thomas & Betts Corp. , they need only look west to Fort Smith, Ark., at Baldor Electric Co. , which ABB acquired last year. ABB this week announced plans to acquire Memphis-based T&B for ...
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| Baldor Owner ABB to Buy Thomas & Betts for $3.9 Billion |
Arkansas Business OnlineBy Arkansas Business Staff Swiss power and technology group ABB, which purchased Baldor Electric Co. of Fort Smith in 2010, said Monday that it will buy Thomas & Betts Corp. of Memphis, which specializes in low voltage electrical products, ...
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| Thomas & Betts soars on $3.9 billion sale |
optionMONSTER Research (registration) (blog)ABB, whose CEO came from General Electric in 2008, bought Missouri-based Baldor Electric in January 2011 for $3.1 billion. TNB is up more than 22 percent on tradeMONSTER's extended-hours platform. The auto-parts company said today that it has agreed to ...
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| ABB buys Thomas & Betts for $3.9bn to boost LV business |
Drives & ControlsIt is ABB's biggest deal since buying Baldor Electric last year for $4.2bn. ABB says that combining Thomas & Betts' electrical components business with its own LV protection, control and measurement products will create a broader LV portfolio that can ...
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