WCC - Why WESCO International Shares Are Gaining Today | Benzinga
WESCO International, Inc. (NYSE:WCC) shares are trading higher on Friday.
The company inked a pact to sell its Wesco Integrated Supply (WIS) business to Vallen Distribution, Inc., a portfolio company of Nautic Partners, for a purchase price of $350 million.
The sale encompasses nearly all of Wesco’s MRO integrated supply business in North America and Europe. The business ...