The deal is unusual because Stanley will lease the brand back to Sears and two different versions of the Craftsman brand will compete against each other. Stanley Black & Decker ‘s plan to acquire the storied Craftsman tool brand from Sears Holdings for up to $900 million will force the Federal Trade Commission to grapple with some novel antitrust questions.
Category: Stanley Works
Stanley Black & Decker’s Willingness to Change Make Shares a Buy
This toolmaker may not be a “sexy” stock, but the 150-plus year old company is in the midst of a transformation. Stanley Black & Decker is an American toolmaker with more than 150 years of history, but it is embracing change.