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?
—— Al Navas