SPX Announces Definitive Agreement to Sell its Service Solutions Business to Robert Bosch GmbH for $1.15 Billion

CHARLOTTE, N.C., Jan. 24, 2012 /PRNewswire/ -- SPX Corporation (NYSE: SPW) today announced that it has entered into a definitive agreement to sell its Service Solutions business to Robert Bosch GmbH for $1.15 billion in cash. This sale is subject to normal closing conditions,...