Stanley Works Agrees To Buy Black & Decker For $4.5 Billion
The Stanley Works, one of Connecticut's marquee industrial companies, will buy Black & Decker Corp. in an all-stock deal worth about $4.5 billion, the companies said late today. Read more...
State Budget Deficit Projected At $624 Million; Sales-Tax Cut In Jeopardy
The state's chief financial overseer, Comptroller Nancy Wyman, said Monday that the state deficit for the current fiscal year is now projected at $624 million - a total that is higher than originally estimated by other agencies. Read more...