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Stanley Adds $4.5B Tool to Its Belt: Black & Decker

Hand-tools giant merges with power-tools leader

By Will McCahill,  Newser Staff

Posted Nov 2, 2009 6:21 PM CST

(Newser) – Two of America’s iconic tool companies are merging, with Stanley buying up Black & Decker in a deal worth $4.5 billion in stock. Stanley Black & Decker, as it will be known, combined complementary facets of the business: B &D is No....   Read full story »

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mergers and acquisitions • tools • Black & Decker • Stanley Works • hand tools • power tools

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