ITW to Divest a Majority Interest in Decorative Surfaces Segment to Clayton, Dubilier & Rice

GLENVIEW, Ill., Aug. 16, 2012 /PRNewswire/ -- Illinois Tool Works Inc. (NYSE: ITW) today announced it has entered into a definitive agreement to divest a 51 percent stake in its Decorative Surfaces segment, consisting of Wilsonart and related international businesses, to a fund...