SPX to acquire United Dominion Industries in $954M all-stock deal ($1.83B total)

SPX Corp. and United Dominion Industries entered a definitive agreement for SPX to acquire United Dominion in an all-stock transaction valued at $954 million, rising to $1.83 billion total including ~$876M of assumed/refinanced debt.

“SPX Corp. and United Dominion Industries Ltd. have entered into a definitive agreement that has SPX acquiring United Dominion in an all-stock transaction, currently valued at $954 million.”

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