Arrow Electronics (ARW) Completes immixGroup Purchase
Get Alerts ARW Hot Sheet
Price: $127.58 +2.05%
Revenue Growth %: -19.2%
Financial Fact:
Cost of sales: 5.16B
Today's EPS Names:
NLY, CP, RUSHA, More
Revenue Growth %: -19.2%
Financial Fact:
Cost of sales: 5.16B
Today's EPS Names:
NLY, CP, RUSHA, More
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Arrow Electronics (NYSE: ARW) announced the successful completion of the acquisition of immixGroup, Inc., a value-added distributor supporting over 800 value-added resellers, solution providers, service providers, and other public sector channel partners with specialized resources to accelerate their government sales. immixGroup, Inc. is headquartered in McLean, Va.
This acquisition is expected to be $.10 to $.14 accretive to earnings per share, excluding the impact of the amortization of related intangible assets, in the first year post closing.
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