Sell BDK Stock Black and Decker Corporation NYSE:BDK will cross 63 dollars today

Stanley Works (NYSELSWK) is buying Black and Decker Corporation (NYSE:BDK) for $3.9 billion which means more cash flowing into BDK stock. Black & Decker shareholders(BDK) will receive 1.275 Stanley shares for each Black & Decker share they own. You should Sell BDK stock now at $62-$65 today. Its actually better to exit BDK and re-buy post stock merger.