Regal Beloit Completes EPC and Milwaukee Gear Acquisitions

Regal Beloit's interest expense increased due to additional borrowings to fund the EPC and Milwaukee Gear acquisitions. The EPC acquisition is also referenced in the context of synergy savings and restructuring.

“Interest expense increased $6.4 million as compared to second quarter 2011 primarily as a result of additional borrowings to fund the EPC and Milwaukee Gear acquisitions.”

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