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): | December 14, 2006 |
The Stanley Works
__________________________________________
(Exact name of registrant as specified in its charter)
Connecticut | 1-5244 | 06-0548860 |
_____________________ (State or other jurisdiction | _____________ (Commission | ______________ (I.R.S. Employer |
of incorporation) | File Number) | Identification No.) |
1000 Stanley Drive, New Britain, Connecticut | 06053 | |
_________________________________ (Address of principal executive offices) | ___________ (Zip Code) |
Registrant’s telephone number, including area code: | (860) 225-5111 |
Not Applicable
______________________________________________
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01 Entry into a Material Definitive Agreement.
As announced in the press release that is Exhibit 99.1 hereto and incorporated herein by reference to the extent it relates to the acquisition transaction described therein, The Stanley Works entered into a Stock Purchase Agreement, dated December 13, 2006, with Security Holdings, LLC and its wholly owned subsidiary, SecurityCo Solutions, Inc., which holds the entity referrred to as HSM in the press release. Pursuant to this Stock Purchase Agreement, The Stanley Works will acquire from Security Holdings, LLC all of the equity of SecurityCo Solutions, Inc. for $545 million in cash on a cash-free and debt-free basis and subject to customary adjustments for changes in certain balance sheet items.
SIGNATURES
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 Stanley Works | ||||
December 14, 2006 | By: | /s/ Bruce H. Beatt | ||
Name: Bruce H. Beatt | ||||
Title: Vice President, General Counsel and Secretary |
Exhibit Index
Exhibit No. | Description | |
99.1 | Press release dated December 14, 2006 in which The Stanley Works announced that it would acquire HSM Electronic Protection for $545 million cash. |