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Archive Home > 2009 > November > 03 > Stanley Works to buy rival Black & Decker

Stanley Works to buy rival Black & Decker


November 3, 2009

CHICAGO — The tool maker Stanley Works is buying rival Black & Decker Corp. for $4.5 billion, the two companies said Monday, uniting two of their industry’s most iconic brands. The deal would create the largest U.S. toolmaker, Morningstar analyst Anthony Dayrit said.

Stanley shareholders....

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