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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Earliest Event Reported -- December 13, 1995
THE BLACK & DECKER CORPORATION
(Exact name of registrant as specified in its charter)
Maryland 1-1553 52-0248090
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
701 East Joppa Road Towson, Maryland 21286
(Address of principal executive offices) (Zip Code)
(410) 716-3900
(Registrant's telephone number, including area code)
Not Applicable
(Former name or address, if changed since last report)
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Item 5. OTHER EVENTS
On December 13, 1995, The Black & Decker Corporation announced
that it had signed a definitive agreement to sell PRC Inc., its
information technology and services business headquartered in
McLean, Virgnia, to Litton Industries, Inc. for $425 million.
Black & Decker acquired PRC in 1989 as part of its acquisition of
Emhart Corporation and previously sold the medical, real estate and
environmental portions of PRC's business. The sale of PRC Inc. is
expected to be completed by the end of January 1996. The net
proceeds from the sale will be used to reduce debt.
THE BLACK & DECKER CORPORATION
S I G N A T U R E
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned thereunto duly authorized.
THE BLACK & DECKER CORPORATION
By /s/ CHARLES E. FENTON
Charles E. Fenton
Vice President and General
Counsel
Date: December 21, 1995
