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

Submitted by vinny on Tue, 11/03/2009 - 12:23.
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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.
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