Speculating in Takeover Targets Message Board

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Strategies & Market Trends : Speculating in Takeover Targets

ULBI 7.030

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Oct 31 9:30 AM EST

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From: E_K_S	12/24/2019 9:00:03 AM
	Read Replies (2) of 7239

Wesco offers to buy Anixter for $90/share Dec. 24, 2019 8:48 AM ET\|About: WESCO International, Inc. (WCC)\|By: Carl Surran, SA News Editor 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. AXE said yesterday it had agreed to a sweetened offer from P-E firm Clayton, Dubilier & Rice of $86/share in cash and a $2.50/share contingent value right. AXE +2.1% pre-market.

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