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PITTSBURGH , Dec. 26, 2019 /PRNewswire/ -- WESCO International, Inc. (NYSE: WCC) ("WESCO"), a leading provider of electrical, industrial, and communications MRO and OEM products, construction materials, advanced supply chain management and logistics services, confirmed today it has delive...
The Boards of both Anixter ( AXE ) and Wesco ( WCC ) won’t have time to celebrate Christmas at home this year. A bidding war to buy Anixter, a distributor of communication and security products, ensued on Christmas Eve when Wesco confirmed it had offered to buy competitor Anixter for ...
Operating in the security and network solutions industry, Anixter ( AXE ) seems to be the target of several buyers. The company expects to have positive and growing FCF, which explains the investors' interest. On top of it, bidders offered $86-$90, and financial advisors believe that the compa...
Why low-priced stocks? Because by definition, they have operating leverage and losses that offer “carryforwards,” meaning that the losses accumulated in the past can now be used to shelter new earnings. This necessitates the notion that these stocks are generally involuntarily ...
NEW YORK, NY / ACCESSWIRE / December 24, 2019 / Halper Sadeh LLP, a global investor rights law firm, continues to investigate the following companies: Cincinnati Bell Inc. (NYSE:CBB) The investigation concerns whether Cincinnati Bell and its board of directors violated the federal secur...
Wesco International (NYSE: WCC ) +8.9% pre-market after jumping into the bidding for Anixter (NYSE: AXE ) with a $90/share offer , a 2.8% premium to AXE's closing price yesterday. More news on: WESCO International, Inc., Anixter International Inc., Merger & acquisition news, Stocks ...
PITTSBURGH , Dec. 24, 2019 /PRNewswire/ -- WESCO International, Inc. (NYSE: WCC) ("WESCO"), a leading provider of electrical, industrial, and communications MRO and OEM products, construction materials, and advanced supply chain management and logistics services, confirms that it is ...
Merger activity increased, with nine new deals announced and six deals closing. Deal Statistics New Deals The acquisition of LogMeIn (LOGM) by Francisco Partners for $4.3 billion or $86.05 per share in cash. We added LOGM as a potential deal to the Deals in the Works section on Dece...
Anixter International (NYSE: AXE ) and a fund sponsored by Clayton, Dubilier & Rice amend the prior merger agreement to raise the per-share consideration from $82.50 to $86 in cash plus a $2.50 contingent value right. More news on: Anixter International Inc., Consumer stocks n...
Total enterprise value of approximately $4 billion including net debt Amended Merger Agreement unanimously approved by Board of Directors As previously announced, on October 30, 2019, Anixter International Inc. (NYSE: AXE), a leading global distributor of Network & Security S...
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CALGARY, Alberta, May 23, 2024 (GLOBE NEWSWIRE) -- Acceleware® Ltd. (“Acceleware” or the “Company”) (TSX-V: AXE), a leading innovator of transformative technologies targeting the decarbonization of industrial heating, today announced its financial and operating re...
NEW YORK, May 06, 2024 (GLOBE NEWSWIRE) -- Alexander’s, Inc. today announced an 11-year lease extension agreement with Bloomberg LP which will begin at the expiration of the existing lease in 2029, continuing a long-standing headquarters presence at 731 Lexington Avenue through 2040. ...
CALGARY, Alberta, April 11, 2024 (GLOBE NEWSWIRE) -- Acceleware Ltd. (“Acceleware” or the “Company”) (TSX-V: AXE), a leading innovator of transformative technologies targeting the decarbonization of industrial heating, is pleased to announce that it has been awarded Ph...