BLACK & DECKER BUYS A PLACE ON THE KITCHEN COUNTER.

The article reports on the plan of Black & Decker Manufacturing Co. to acquire the small-appliance operations of General Electric (GE) Co. in the U.S. It is projected that the deal will quadruple the sales of Black & Decker's household products. Black & Decker planned to keep the GE brand name for three years and then begin putting its own name on the lines it is purchasing.