Nov 3rd, 2009 - bizjournals
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Black & Decker Corp. is being acquired by Stanley Works in a $4.5 billion all-stock deal resulting in the loss of one of the Baltimore area's largest headquartered companies.
The deal will create an $8.4 billion tool industry giant offering a wide range of products to do-it-yourselfers and professional contractors. The combined company will be led by John F. Lundgren, Stanley’s (NYSE: SWK) chairman and CEO. Nolan D. Archibald, chairman and CEO of Black & Decker (NYSE: BDK), will serve as executive chairman of the merged company for three years.
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Stanley to buy Black & Decker
Nov 3rd, 2009 - Washington Times
CHICAGO | Toolmakers Stanley Works and Black & Decker Corp. are betting that together they can wring out more profit and can better position themselves for a housing-market recovery than they could apart.
Stanley Works To Buy Black & Decker Corp. In All-Stock Deal
Nov 3rd, 2009 - Courant
The Stanley Works, long a giant in American toolmaking, will buy The Black & Decker Corp. in an all-stock deal worth about $4.5 billion, the companies said Monday after the stock markets closed.
Stanley works to buy Black & Decker in all-stock deal
Nov 2nd, 2009 - Houston Chronicle
Stanley Works agreed to buy Black & Decker Corp. for about $3.5 billion, combining with the larger U.S. toolmaker in an all-stock transaction. The offer values Black & Decker shares at $57.57 based on Stanley's closing share price today...
Stanley, Black & Decker In Deal
Nov 2nd, 2009 - Wall Street Journal
Stanley Works and Black & Decker Corp. agreed to a $4.5billion all-stock deal that combines two iconic U.S. hand-tool and power-tool makers whose fortunes have faded amid a collapse in the housing market and a broader industrial slowdown.
Stanley Works to buy Black & Decker
Nov 2nd, 2009 - Washington Times
NEW YORK - Stanley Works is buying rival Black & Decker Corp. for $4.5 billion, the two companies said Monday, bringing together mammoth brands in the toolmaking business. Stanley shareholders will own about 50.5 percent of the combined company...
Related videos from YouTube:
0:54Stanley Works - Stanley Works To Buy Black & Decker For $4.5 Billion - DealBook
tinyurl.com News Results: Stanley Works To Buy Black & Decker For $4.5B In Stk "Our products are highly complementary," he said, adding that Black & Decker makes power tools and that Stanley is in the hand-tool business. Stanley Works tinyurl ...
1:47Stanley sees savings in B&D deal
Tool makers Stanley Works and Black & Decker Corp. are betting that together they can wring out more profit and better position themselves for a housing market recovery than they could apart.
1:26November 3 Biz Minute
measures and an increase in the number of transactions it processed. Stanley Works struck a deal to buy rival Black & Decker for $3.4 billion dollars in stock, combining a top hand tool maker and power tool maker to benefit from higher margins and cost savings ...
4:21CDTV.net 2009-11-03 Stock Market News, Trading News, Analysis & Dividend Reports
Business News, Stock Market News, Analysis & Dividend Reports, Stock Dividends, Stock Market Trading News, Market Wrap-up, Berkshire Hathaway Inc. (NYSE: BRK.A; BRK.B), Burlington Northern Santa Fe Corporation (NYSE: BNI), Stanley Works (NYSE: SWK) ...
