Wednesday, August 18, 2010

Nidec to Acquire Emerson Electric Co.s Motors & Controls Business

KYOTO, Japan, Aug. 17, 2010 GLOBE NEWSWIRE — Nidec Corporation NYSE:NJ “Nidec” or “we” today announced that its Board of Directors resolved at a meeting held today to acquire the Motors & Controls business “EMC” of Emerson Electric Co. “Emerson” and entered into an asset and stock purchase agreement with Emerson.

1. Purpose of Transaction

In addition [...] http://bit.ly/aZifCV

No comments:

Post a Comment