Foley & Lardner LLP

DOJ Antitrust Clearance for Strategic Acquisition

Represented Regal-Beloit Corporation in successfully obtaining Department of Justice (DOJ) antitrust clearance for its approximately $875 million strategic acquisition of the electric motor business of A.O. Smith. Following an investigation by the DOJ, Regal-Beloit agreed to sell certain assets to address the Department’s competitive concerns. The transaction closed in August 2011.