Nov 3rd, 2009 - Wall Street Journal
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Stanley Works' (SWK) $4.5 billion acquisition of Black & Decker Corp. (BDK) may give home-improvement retailers a bigger vendor with more financial muscle, but several industry watchers said Tuesday that the combination shouldn't hurt results at Home Depot Inc. (HD) or Lowe's Cos. (LOW).
"I don't see this as a real negative for either" Home Depot or Lowe's, said retail industry consultant Craig Johnson of Customer Growth Partners.
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Black & Decker's Archibald passing up severance package in merger
Nov 4th, 2009 - baltimoresun
The head of Black & Decker Corp. is giving up $20.5 million in severance he is eligible to receive because of the company's planned merger with The Stanley Works, according to regulatory documents filed Tuesday evening.
Nolan D...Tool makers say deal means better profit margins ahead as housing recovery takes hold
Nov 4th, 2009 - baltimoresun
CHICAGO (AP) - 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.Cisco and EMC plan partnership, not merger
Nov 3rd, 2009 - Reuters
BOSTON (Reuters) - Tech heavyweights Cisco Systems Inc and EMC Corp dampened speculation of a merger as they unveiled a partnership to take on rivals Hewlett-Packard Co and IBM.
Stanley Works sees $5 EPS for combined co by 3rd year
Nov 3rd, 2009 - Reuters
* Sees significant accretion from second year * Sees $600 million in charges in the first year * Black & Decker shares touch year high * Stanley Works stock up 6 pct BANGALORE...
Tool makers to merge in $4.5b deal
Nov 2nd, 2009 - Boston
CHICAGO - Stanley Works tool company is buying rival Black & Decker Corp. for $4.5 billion, the companies said. Stanley shareholders will own about 50.5 percent of the combined company...
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