SPX Corporation Completes Tax-Free Spin-Off of Flow Business into SPX FLOW, Inc.

SPX Corporation completed the tax-free spin-off of its Flow business, which includes the Flow Technology reportable segment, Hydraulic Technology business, and certain corporate subsidiaries, into a new standalone publicly traded company named SPX FLOW, Inc. This transaction was reported in an amended 8-K filing dated October 1, 2015, referencing the original event date of September 26, 2015.

“This Amendment No. 1 amends the Current Report on Form 8-K of SPX Corporation (the “Company”) filed with the Securities and Exchange Commission (the “SEC”) on September 28, 2015 (the “September 28 8-K”) related to its tax-free spin-off of its Flow business, comprising its Flow Technology reportable segment, its Hydraulic Technology business and certain of its corporate subsidiaries, into a new standalone, publicly traded company, SPX FLOW, Inc.”

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.