[TimAlerts] $SHLD M&A Rumor.... - Stanley Black & Decker, Inc. (NYSE: SWK) and Sears Holdings Corp (NASDAQ: SHLD) have reached an agreement under which Stanley Black & Decker will purchase the Craftsman brand from Sears for payments pf $525 million at closing, $250 million at end of year three, plus annual payments on new Stanley Black & Decker Craftsman sales through year 15, for a value of approximately $900 million. The transaction is expected to close during 2017.

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