UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) September 22, 1998
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THE BLACK & DECKER CORPORATION
(Exact name of registrant as specified in its charter)
Maryland 1-1553 52-0248090
(State of Incorporation) (Commission File Number) (I.R.S. Employer
Identification Number)
Towson, Maryland 21286
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 410-716-3900
Not Applicable
(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS
On September 22, 1998, the Corporation announced that it has closed on the sale
of its glass container-making and inspection equipment business, Emhart Glass,
to Bucher Holding A.G. of Switzerland. Attached to this Current Report on Form
8-K as Exhibit 99 is a copy of the Corporation's related press release dated
September 22, 1998.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
Exhibit 99 Press Release of the Corporation dated September 22, 1998.
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THE BLACK & DECKER CORPORATION
S I G N A T U R E S
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 hereunto duly authorized.
THE BLACK & DECKER CORPORATION
By /s/ STEPHEN F. REEVES
Stephen F. Reeves
Vice President and Controller
EXHIBIT 99
Contact: Barbara B. Lucas
Senior Vice President - Public Affairs
410/716-2980
F. Robert Hunter
Vice President - Investor Relations
410/716-3979
FOR IMMEDIATE RELEASE: Tuesday, September 22, 1998
SUBJECT: Black & Decker Closes on Sale of Emhart Glass
TOWSON, MD - The Black & Decker Corporation (NYSE:BDK) announced today that it
has closed on the sale of its glass container-making and inspection equipment
business, Emhart Glass, to Bucher Holding A.G. of Switzerland. Net proceeds from
the transaction will be approximately $158 million.
Black & Decker is a leading global marketer and manufacturer of power
tools, hardware, and building products used in and around the home and for
commercial applications.
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