CDW (CDW) Announces 10M Common Offering; Will Repurchase 2M Common Shares

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CDW Corporation Announces Commencement of Public Offering by Selling Stockholders and Repurchase of Its Common Stock

May 18, 2015 4:33 PM EDT

VERNON HILLS, Ill., May 18, 2015 (GLOBE NEWSWIRE) -- CDW Corporation (Nasdaq: CDW) today announced the commencement of a public offering of 10,000,000 shares of its common stock held by selling stockholders pursuant to an effective Registration Statement on Form S-3ASR previously filed with the Securities and Exchange Commission. The selling stockholders are affiliates of Madison Dearborn Partners (5,179,651 shares), affiliates of Providence Equity Partners (4,579,585 shares) and the following members of management: Christina Rother (40,856), Jonathan Stevens (43,228), Matthew Troka (28,375), Ann Ziegler (54,641) and Douglas Eckrote (73,664 shares). The underwriters will have a 30-day option to purchase up to an additional... More

CDW Corporation Announces Commencement of Public Offering by Selling Stockholders and Repurchase of Its Common Stock

May 18, 2015 4:33 PM EDT

VERNON HILLS, Ill., May 18, 2015 (GLOBE NEWSWIRE) -- CDW Corporation (Nasdaq: CDW) today announced the commencement of a public offering of 10,000,000 shares of its common stock held by selling stockholders pursuant to an effective Registration Statement on Form S-3ASR previously filed with the Securities and Exchange Commission. The selling stockholders are affiliates of Madison Dearborn Partners (5,179,651 shares), affiliates of Providence Equity Partners (4,579,585 shares) and the following members of management: Christina Rother (40,856), Jonathan Stevens (43,228), Matthew Troka (28,375), Ann Ziegler (54,641) and Douglas Eckrote (73,664 shares). The underwriters will have a 30-day option to purchase up to an additional... More