bell micro

  • Avnet To Acquire Bell Microproducts In Deal Valued At $594 Million

    Avnet To Acquire Bell Microproducts In Deal Valued At $594 Million

    Avnet, a publicly listed global distributor of electronic parts, enterprise computing, storage and others products, has agreed to acquire Bell Microproducts in an all-cash merger for $7 per share. This equates to an equity value of about $252 million and a transaction value of approximately $594 million, assuming net debt for Bell of $342 million at face value as of December 31, 2009. Read More