Monday, August 13, 2007

Another victory for the PE firms!

The dominance ofCorporate Computer Seller (CDW) private equity firms in the global market got a further fillip as Corporate Computer Seller (CDW) agreed to be acquired by Madison Dearborn Partners for $7.3 billion. Apparently, CDW’s strong financials (with zero debt and $500 million of cash) lured Madison Dearborn Partners to buy the company. Shares of CDW soared to a new 52- week high on the news of the deal with Dearborn, rising by 10% to $7.55.
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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative