Stanley Black & Decker Adds InfoLogix In $61M Deal
The New Britain, Conn.-based tool and electronics giant announced Wednesday that it would pay $4.75 for each share of InfoLogix under the deal, which is expected to close in the first quarter of 2011. Stanley Black & Decker said the total sale price includes the assumption of approximately $22.1 million of InfoLogix's debt.
InfoLogix is an established maker of mobile workstations and asset-tracking solutions...
To view the full article, register now.