The Black Decker Drill Site

By MICHAEL J. de la MERCED and ZACHERY KOUWE

For nearly three decades, Stanley Works and Black & Decker, two of the most recognizable names in home improvement, have talked about combining through a merger.

On Monday afternoon, the two finally succeeded. Stanley agreed to buy Black & Decker for about $3.5 billion in an all-stock transaction, creating a global tool maker worth about $8.4 billion… read article

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