On Mon, 2 Nov 2009 23:25:47 -0800, "azotic" wrote:
The two largest U.S. toolmakers, Stanley Works (NYSE: SWK) and Black &
Decker Corp (NYSE: BDK), have decided to join hands and get together.
Driven by the potential $350 million in annualized cost savings and a
rebound in the housing sector, Stanley Works have agreed to buy Black &
Decker for about $4.5 billion in an all-stock transaction.
http://www.themoneytimes.com/feature...d-1089667.html
Best Regards
Tom.
My Condolences to Stanley, as I would NEVER buy anything B & D.
Thank You,
Randy
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