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Symbol Sentiment Start Return Closed SWK 11/03/09 -1.81% -- BDK n/a Via BloggingStocks:   Filed under: Deals, Black and Decker (BDK), Stocks to Buy A double win: I'm Reiterating by Buy rating for New Britain,Conn.-based tool maker Stanley Works (NYSE: SWK) after the company announced Monday it will buy Black & Decker Corp. (NYSE: BDK) for $4.5 billion in an all-stock deal. Stanley, first recommended on February 10, 2009 at a price of $32.88, sees the deal as $1 accretive to earnings per share within three years. Meanwhile, shareholders of Black & Decker, first recommended on April 17, 2009 at a price of $33.53, will receive a 22.1% premium to BDK's closing price as of Friday, October 30, 2009 of $47.22, or about $57.65 per share. Hence, if you bought BDK in April, that represents a 71.9% gain for owning the stock about six months. Not bad. Continue reading Stanley Works buys Black & Decker: A win/win for shareholders Stanley Works buys Black & Decker: A win/win for shareholders originally appeared on BloggingStocks on Tue, 03 Nov 2009 15:20:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments   Read the rest of original post »

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