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 29, 2004
                                                --------------------------------


                         THE BLACK & DECKER CORPORATION
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             (Exact name of registrant as specified in its charter)


          Maryland                      1-1553                  52-0248090
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(State or other jurisdiction   (Commission File Number)   (IRS Employer
 of incorporation)                                         Identification No.)


 701 East Joppa Road, Towson, Maryland                        21286
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(Address of principal executive offices)                    (Zip Code)

Registrant's telephone number, including area code         410-716-3900
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                                 Not Applicable
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         (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))






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ITEM 7.01  REGULATION FD DISCLOSURE.
On September 29, 2004,  the  Corporation  announced  that the antitrust  waiting
periods have passed, or it has received clearance from all regulatory  agencies,
for the  purchase of the Tools Group from  Pentair,  Inc. The  Corporation  also
announced  that the closing of the  transaction  is now  anticipated to occur in
early  October.  Attached to this Current  Report on Form 8-K as Exhibit 99 is a
copy of the Corporation's related press release dated September 29, 2004.

ITEM 9.01  FINANCIAL STATEMENTS AND EXHIBITS.
Exhibit 99 Press Release of the Corporation dated September 29, 2004.

FORWARD-LOOKING STATEMENTS
The Press Release contains  "forward-looking  statements"  within the meaning of
Section 27A of the  Securities  Act of 1933 and  Section  21E of the  Securities
Exchange Act of 1934 that are intended to come within the safe harbor protection
provided by those  statutes.  By their nature,  all  forward-looking  statements
involve risks and  uncertainties,  and actual results may differ materially from
those contemplated by the forward-looking statements. Several factors that could
materially affect the  Corporation's  actual results are identified in Item 1(g)
of Part I of the  Corporation's  Annual  Report on Form 10-K for the year  ended
December 31, 2003.




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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/ CHRISTINA M. MCMULLEN
                                                   -----------------------------
                                                   Christina M. McMullen
                                                   Vice President and Controller



Date: September 29, 2004