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$2.4 billion
- Under the terms of the agreement, Avnet will receive $2.4 billion in cash and 2.8 million shares of Tech Data common stock, currently valued at approximately $200 million.
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Under the terms of the agreement, Avnet will receive $2.4 billion in cash and 2.8 million shares of Tech Data common stock, currently valued at approximately $200 million.
Sep 20, 2016 · Under the terms of the agreement, Avnet will receive $2.4 billion in cash and 2.8 million shares of Tech Data common stock, currently valued at approximately $200 million.
- Paolo Del Nibletto
Feb 27, 2017 · Avnet received approximately $2.4 billion in cash and shares of Tech Data common stock valued at approximately $245 million based on the closing price of Tech Data’s shares on February 25, 2017. “Today marks a critical stage in the transformation of Avnet.
Sep 19, 2016 · Avnet said Monday it had agreed to sell its technology solutions unit to rival Tech Data for $2.6 billion, marking further consolidation in an industry that has been losing corporate business to cloud providers.
Sep 19, 2016 · Avnet, whose IT business has competed with Tech Data for years, said it would get $2.4 billion in cash and 2.8 million Tech Data shares, worth a stake of about 7 percent in the company.
Feb 28, 2017 · Avnet Inc. (AVT) recently completed the divesture of its Technology Solutions business to Tech Data Corporation (TECD) for approximately $2.645 billion.
Sep 20, 2016 · Avnet will receive $2.4 billion in cash and 2.785 million shares of Tech Data, which translates into a stake of approximately 7% in the company. Apart from this, the two companies intend to...