Black & Decker (NYSE: BDK) 21.2% HIGHER; Stanley Works has agreed to acquired Black & Decker in a merger that will create an $8.4 billion global industrial leader in an all-stock transaction valued at $4.5 billion.
The merger has caused a 20 percent jump in the stock price for Black & Decker in the after-hours market. Click here for the full report.
Black & Decker shareholders will receive a fixed ratio of 1.275 shares of Stanley common stock for...
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