Benzinga's M&A Chatter for Friday September 21, 2012:

The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday September 21, 2012: Hearing Spectrum Brands in Talks to Buy Stanley Black & Decker Unit The Rumor:
Spectrum Brands SPB is in talks to purchase Stanley Black & Decker's SWK home unit for $1 billion, according to a report from Bloomberg. The deal may be announced on October 1. Stanley Black & Decker closed at $78.25 Friday, a gain of 2.52% on 1.5 times average volume.