SPX Corporation Spin-Off of SPX FLOW, Inc.

SPX Corporation is proceeding with the previously announced spin-off of its SPX FLOW, Inc. subsidiary, expected to be effective September 26, 2015. The company appointed new executive leadership contingent on the completion of the spin-off, and current executives will resign upon completion.

“the Company’s previously announced spin-off of SPX FLOW, Inc., which is expected to become effective on September 26, 2015.”

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.