Send to a Friend Share

WESCO International (WCC) Won't Make Better Offer for Industrial Distribution Group (IDGR)

April 22, 2008 12:33 PM EDT
WCC Hot Sheet
Overall Analyst Rating:
    BUY (Down Down)

Revenue Growth %: +112,487.4%
WESCO International, Inc. (NYSE: WCC) announced today that it would not submit any further bids based on Industrial Distribution Group, Inc.'s (Nasdaq: IDGR) press release issued this morning that it had received a higher offer.

Industrial Distribution Group, Inc. (IDG) is a supplier of maintenance, repair, operating, and production (MROP) products and services to manufacturers and other industrial users, and through its Flexible Procurement Solutions (FPS) program, it provides different value-added business process outsourcing services and other arrangements. [SM]

You May Also Be Interested In


Related Categories

Mergers and Acquisitions

Add Your Comment





Follow StreetInsider.com On Twitter