Regal Beloit Divests Pool and Spa Motor Business

Regal Beloit divested its pool and spa motor business in the third quarter of 2011, resulting in a gain of $6.5 million.

“In the third quarter, the Company divested its pool and spa motor business resulting in a gain of $6.5 million.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.