PSEG Global completes acquisition of majority stake in EDEERSA

EDEERSA’s employees indirectly own the additional 10% of EDEERSA’s shares not acquired by PSEG Global. The acquisition of the additional ownership interests is valued at approximately $100 million.

MILWAUKEE, Wis., July 2, 2001 – With the opening of today’s trading, Rockwell International Corporation becomes Rockwell Automation, a stand-alone $4.3 billion company.

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