Stanley nails Black & Decker (Dealscape

Stanley Works Inc. announced late Monday a $4.5 billion stock deal to acquire Black & Decker Corp. in an effort to marry some of the best-known brands in the tool market.

Terms call for shareholders of Towson, Md.-based Black & Decker to receive 1.275 shares of Stanley stock for each share they own, a 22.1% premium over the target's closing price Oct. 30. Shareholders of New Britain, Conn.-based Stanley would own about 50.5% of the combined company, which intends to keep its corporate headquarters in Connecticut while housing its power tools headquarters in Maryland.

This is a free content preview. Subscribers enjoy access to all stories in full as well as second-to-none market intelligence.

Dig deeper, with Pipeline.

924 in-depth reports of M&A deals in the Manufacturing sector
86 company pages related to Tools
81 articles related to Black & Decker
10 in-depth transaction records for Stanley Works Inc.
10 years of news and analysis archives from the voice of The Deal Economy

Most searched keywords

Deutsche Bank
Birds Eye
Cadbury AG
Agrium Inc.
Skadden Arps
Revolution Money
Tandberg ASA
Aisling Capital
Ken Lewis
Natco

Forward-looking intelligence allows you time to act. View this video on our restructuring content to see how you can benefit from our expertise.
NOT A SUBSCRIBER? Stanley nails Black & Decker Posted on November 3, 2009 3:30 PM Stanley Works Inc. announced late Monday a $4.5 billion stock deal to acquire Black & Decker Corp. in an effort to marry some of the best-known brands in the tool market. Terms call for shareholders of Towson, Md.-based Black & Decker to receive 1.275 shares of Stanley stock for each share they own, a 22.1% premium over the target's closing price Oct. 30. Shareholders of New Britain, Conn.-based Stanley would own about 50.5% of the combined company, which intends to keep its corporate headquarters in Connecticut while housing its power tools headquarters in Maryland. This is a free content preview. Subscribers enjoy access to all stories in full as well as second-to-none market intelligence. Dig deeper, with Pipeline. 924 in-depth reports of M&A deals in the Manufacturing sector 86 company pages related to Tools 81 articles related to Black & Decker 10 in-depth transaction records for Stanley Works Inc. 10 years of news and analysis archives from the voice of The Deal Economy Most searched keywords Deutsche Bank Birds Eye Cadbury AG Agrium Inc. Skadden Arps Revolution Money Tandberg ASA Aisling Capital Ken Lewis Natco		EXISTING USERS Username Password Forget your password? Missing a product?

Sales Contact Michael Crosby mcrosby@thedeal.com 212.313.9325	Media Contact Martha Brown mbrown@thedeal.com 212.313.9218
Signing in signifies that you agree to our terms and conditions. View our privacy policy.