SPX Corporation to Spin-Off SPX FLOW, Inc.

SPX Corporation announced a pro rata dividend distribution of all outstanding shares of its subsidiary SPX FLOW, Inc. to SPX shareholders, effectively spinning off the business. The distribution is scheduled for September 26, 2015, to shareholders of record as of September 16, 2015.

“On September 8, 2015, SPX Corporation (“SPX”) announced the timing and additional details regarding SPX’s distribution of all of the issued and outstanding shares of common stock, par value $0.01 per share, of SPX FLOW, Inc. (the “SPX FLOW Common Stock”) to SPX’s shareholders as a pro rata dividend in a spin-off.”

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