SPX Corporation Completes SGS, Sabik, Cues, and Schonstedt Acquisitions

SPX Corporation disclosed non-recurring charges related to the step-up of inventory acquired in connection with the SGS, Sabik, Cues, and Schonstedt acquisitions, which were completed on July 3, 2019, February 1, 2019, June 7, 2018, and March 1, 2018, respectively. These acquisitions are part of SPX's Detection and Measurement segment.

“non-recurring charges associated with the step-up of inventory (to fair value) acquired in connection with the SGS, Sabik, Cues, and Schonstedt acquisitions that were completed on July 3, 2019, February 1, 2019, June 7, 2018, and March 1, 2018, respectively”

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