Danaher (DHR) and Cooper Industries (CBE) agree to sell Apex Tool Group, their jointly owned...


Danaher (DHR) and Cooper Industries (CBE) agree to sell Apex Tool Group, their jointly owned hand and power tools unit, to Bain Capital for $1.6B. Apex provides Crescent wrenches, Lufkin measuring tapes and hand tools for Sears Holdings' Craftsman brand.

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