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Divestiture Sep 2015 · Charlotte, North Carolina Verified

SPX Corporation Spin-Off of SPX FLOW, Inc.

SPX Corporation is proceeding with a previously announced spin-off of its subsidiary SPX FLOW, Inc., expected to be completed near the end of the third quarter of 2015. The spin-off is a divestiture that will result in two separate publicly traded companies.

“the Company’s previously announced spin-off of SPX FLOW, Inc., which is expected to be completed near the end of the Company’s third quarter of 2015.”

Entities

SPX Corporation · Parent SPX FLOW, Inc. · Subsidiary
Other Sentiment: Neutral

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.