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BLACK & DECKER COMMENCES EQUITY OFFERING

 BLACK & DECKER COMMENCES EQUITY OFFERING
 TOWSON, Md., April 24 /PRNewswire/ -- The Black & Decker Corporation


(NYSE: BDK) announced today the commencement of an offering of 18 million shares of its common stock at $23.25 per share.
 Of the total, 14.4 million shares are being offered in the United States, underwritten by Lehman Brothers, The First Boston Corporation, and Goldman, Sachs & Co., and 3.6 million shares are being offered in Europe, underwritten by managers led by Lehman Brothers International Limited, Credit Suisse First Boston Limited, and Goldman Sachs International Limited. The corporation intends to use the proceeds realized from the sale for the retirement of debt.
 Black & Decker is a global marketer and manufacturer of quality products used in and around the home and for commercial applications.
 /delval/
 -0- 4/24/92
 /CONTACT: Barbara B. Lucas, v.p.-public affairs of Black & Decker, 410-583-2980/
 (BDK) CO: Black & Decker Corporation ST: Maryland IN: HOU SU: OFR


LJ -- PH011 -- 2337 04/24/92 10:04 EDT
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Publication:PR Newswire
Date:Apr 24, 1992
Words:165
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