The Wall Street Journal (WSJ) reported that Stanley will acquire Black & Decker in a deal worth $4.5 billion deal:
…Stanley is the smaller company, based on sales and employees, but will be the acquirer in the deal…
…Stanley Works includes a range of brands, including the familiar black-and-yellow Stanley Tools and Mac Tools for auto mechanics. Black and Decker includes a number of familiar names: DeWalt industrial power tools and Kwikset lock sets…
You can read the rest of the story here.
Do you think this merger will affect our woodworking? If so, how?
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—— Al Navas
