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Emerson Unveils Plan to Spin Off its Network Power Business

Emerson Electric Co. said Tuesday it plans to spin off its network power business as part of a plan to streamline its portfolio and drive growth. The St. Louis-based company also said it will explore strategic alternatives for its motors and drives,

http://www.wgrz.com/video/4330887226001/1/Emerson-Unveils-Plan-to-Spin-Off-its-Network-Power-Business http://cdn.newslook.com/1e/1e724e8aa494fe72bf2a0e5cf5f0b98d/images/frame_ext.jpg Emerson Unveils Plan to Spin Off its Network Power Business Emerson Electric Co. said Tuesday it plans to spin off its network power business as part of a plan to streamline its portfolio and drive growth. The St. Louis-based company also said it will explore strategic alternatives for its motors and drives, technologyVideo: MarketsyoutubenewslookMergers and AquisitionsSt. Louisindustrial goodsEquitiesenergydeal news 01:18

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