POWER PLAY, Black & Decker drills for profits by buying Pentair’s Tools Group
Black & Decker Corp., the nation’s top power tool manufacturer, announced a deal yesterday for its biggest acquisition in more than a decade, a $775 million cash purchase of Pentair Inc.’s Tools Group.The acquisition will help the Towson-based toolmaker sell more power tools for use in the booming commercial construction industry, the company said yesterday. […]
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