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Stanley to buy Black & Decker in $4.5B all-stock deal (access required)

Posted: 4:55 pm Mon, November 2, 2009
By Danielle Ulman
Daily Record Business Writer

Towson-based tool giant Black & Decker Corp. will merge with Connecticut-based hardware and home improvement manufacturer Stanley Works, the companies said Monday. The all-stock deal, valued at $4.5 billion, will create Stanley Black & Decker, an $8.4 billion global industrial firm.

Comments

  • [...] Evitts had me — well, right up to the part where he described “Hon” as “a state of being,” a civic treasure of some sort that’s ultimately “un-ownable.” Nostalgia and capitalism usually don’t mix. If they did, the Colts would still be playing football here and Black & Decker wouldn’t be a Connecticut-based Fortune 500 company. [...]

    Posted on 12/14/10 at 10:26 am

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