	allied signal ald completes sale of mpb corp allied signal inc said it completed the sale of its mpb corp unit to bearing uisition corp for mln dlrs plus assumption of certain mpb liabilities headquartered in keene n h mpb designs and makes precision ball and roller bearings used in aerospace ordnance and computer applications allied signal said the unit had sales of over mln dlrs it noted the sale to newly formed bearing uisition was announced may allied signal said bearing uisition is a newly formed corporation owned by an investors group organized by harold s geneen and donaldson lufkin and jenrette securities corp wells fargo bank provided senior debt financing to bearing uisition and donaldson lufkin and jenrette provided bridge financing in the form of subordinated notes preferred stock and common stock in an amount sufficient to fund the purchase price allied signal added reuter 
