Regal Rexnord Corporation Common Stock (RRX)

Regal Rexnord Corporation (NYSE: RRX), a global leader in the engineering and manufacturing of controllers, drives, precision motors, actuators, electric motors, air moving subsystems, and power transmission components, has launched the next generation Perceptiv Intelligent Reliability and Maintenance Solution for condition monitoring and predictive maintenance in industrial manufacturing.

BELOIT, Wis. and BRAINTREE, Mass., March 22, 2023 (GLOBE NEWSWIRE) -- Regal Rexnord Corporation (NYSE: RRX) (“Regal Rexnord”) and Altra Industrial Motion Corp. (Nasdaq: AIMC) (“Altra”) jointly announced today that they have received all required regulatory approvals to complete the previously announced acquisition of all of the issued and outstanding shares of common stock of Altra, whereby a wholly owned subsidiary of Regal Rexnord will be merged with and into Altra, with Altra surviving the merger as a wholly owned subsidiary of Regal Rexnord (the “Transaction”).