Here’s Why Shares of InfoLogix are Up 158%

It’s a wonderful morning for Hatboro, Pennsylvania. Local medical mobile workstation manufacturer InfoLogix was just snapped up. S&P 500 company Stanley Black & Decker, Inc. (NYSE:SWK) paid a HUGE premium because “InfoLogix will add an established provider of mobile workstations and asset tracking solutions to Stanley’s existing Healthcare Solutions growth platform.”

Looks like some smart companies are getting ahead of the Boomer need for healthcare related good and services.

See how shares of Stanley Black & Decker, Inc. (NYSE:SWK) are reacting to the news >>

Disclosure: No positions.

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