Leading online retailer CDW is to be bought over by Madison Dearborn Partners, a private equity firm for $7.3 billion. Internet Retailer lists CDW as the #8 retailer in its Top 500 Guide and is listed as #3 for the computers and electronics segment. The company retails mostly to government agencies and businesses and had online sales of over $2 billion, an increase of 13% over the previous year’s sales. CDW and its investment bank Morgan Stanley have the right to solicit other offers in the next 30 days, which is sure to do.
BusinessMay 31, 2007 1:04 pm
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