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Regal Beloit Corp and Rexnord Corp Strategic Combination Call Transcript

Feb 16, 2021 / 01:30PM GMT
Release Date Price: $21.72 (+8.62%)
Operator

Good morning, and welcome to the Regal Beloit conference call. (Operator Instructions) Please note, this event is being recorded.

I'd now like to turn the conference over to Robert Barry, Vice President of Investor Relations. Please go ahead.

Robert Douglas Barry
Regal Beloit Corporation - VP of IR

Great. Thank you, operator. Welcome, and good morning, everyone. Thank you for joining us today. On this call, we will be discussing Regal's agreement to combine with Rexnord's Process & Motion Control segment, or PMC. I'd note that Regal will also be hosting a separate call at 9:00 a.m. Central Time to discuss our Q4 and full year 2020 earnings, which were also announced this morning. And Rexnord will be hosting a call at 10 a.m. Central to discuss their December quarter and full year results. Each call will have ample time for Q&A devoted to their respective topics.

Before we begin, I would like to remind you of the disclaimers on Slide 2 and on Slide 3 regarding forward-looking statements, additional information, certain financial

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