Shareholders okay Stanley-Black & Decker deal
by Associated Press Published: March 14,2010
Tags: mergers and acquisitions, power tools, publicly traded company, stocks and bonds, tools
TOWSON, Md. — Shareholders have approved a nearly $3.5-billion stock buyout, clearing the final hurdle for Stanley Works to acquire Black & Decker. The two are set to form a new company called Stanley Black & Decker, and become the nation’s largest toolmaker, at the end of business on Friday, according to regulatory filings submitted [...] [...]
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