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Jim Cramer Return Risk +2.62% MID Tracked Blogger Profile & Performance Subscribe to author

Symbol Sentiment Start Return Closed SWK n/a EAC n/a DNR n/a BDK n/a Via BloggingStocks:   Filed under: Market matters, Black and Decker (BDK), Cramer on BloggingStocks From TheStreet.com Network Stanley Works to Buy Black & Decker Piecing Together the New Wall Street TheStreet.com's Jim Cramer says opportunistic mergers help deliver value to shareholders during difficult times. The companies aren't oblivious to this difficult environment. It isn't just that they look at the futures and say, "Uh oh, here comes another bad one" -- the reaction we all feel today. No, it doesn't work like that. They realize that growth's been lowered worldwide and that they can't do it on their own because they don't have critical mass and they have to give up and get together with others in their industries to bring out value. Black & Decker (NYSE: BDK) (Cramer's Take) and Encore (NYSE: EAC) (Cramer's Take) came to this exact same conclusion at the same time. They just can't make more money for their shareholders independently than they can with other partners. With Encore settling for Denbury's (NYSE: DNR) (Cramer's Take) bid and Black & Decker agreeing to be acquired by Stanley Works (NYSE: SWK) (Cramer's Take), both are settling for about half of what their companies were worth two years ago. But the world has changed in two years, and a lot of the rosy scenarios that justified being independent have to be reconsidered. Continue reading Cramer on BloggingStocks: Going it alone isn't always wise Cramer on BloggingStocks: Going it alone isn't always wise originally appeared on BloggingStocks on Tue, 03 Nov 2009 10:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments   Read the rest of original post »

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