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Stock Market & Financial Investment News

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December 3, 2012
10:27 EDTSPWSPX Corp. completes the sale of SPX Service Solutions business for $1.15B
SPX Corporation has completed the sale of its SPX Service Solutions business to Robert Bosch GmbH for approximately $1.15B, subject to working capital adjustments. The expected net proceeds of the acquisition are approximately $1B. SPX Corporation has reported this business unit as a discontinued operation since 1Q12.
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