Craftsman tools changing hands - Honda CBR500R Forum : CB500F and CB500X Forums
 
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post #1 of 4 (permalink) Old 01-09-2017, 09:41 PM Thread Starter
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Craftsman tools changing hands

Sold out to Black and Decker. Sears must be in big trouble.

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post #2 of 4 (permalink) Old 01-10-2017, 02:02 AM
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for one thing, I don't really understand Stanley Black & Decker business strategy. they paid Sears $900 millions, but Sears will continue to sell Craftsman products without restriction for 15yrs. only after that period it will pay 3% royalty to Stanley Black and Decker. there must have been a lot of money laying around doing nothing.
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post #3 of 4 (permalink) Old 01-10-2017, 09:46 AM
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or they expect sears to cave before those 15 years. sears has been suffering for years.

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post #4 of 4 (permalink) Old 01-10-2017, 12:03 PM Thread Starter
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I think if Sears go out they get it lock stock and barrel. It's a vulture move.
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