Essendant To Acquire Nestor Sales LLC
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Essendant (ESND) Declares $0.14 Quarterly Dividend; 1.4% Yield
July 15, 2015 7:45 AM EDTEssendant (NASDAQ: ESND) declared a quarterly dividend of $0.14 per share, or $0.56 annualized.
The dividend will be payable on October 15, 2015, to stockholders of record on September 15, 2015, with an ex-dividend date of September 11, 2015.
The annual yield on the dividend is 1.4 percent.
For a... More
Essendant (ESND) Unit to Acquire Nestor Sales in $38.5M Deal
July 15, 2015 7:34 AM EDTEssendant (NASDAQ: ESND) announced that its wholly-owned subsidiary Essendant Co. signed an agreement to acquire Nestor Sales LLC, a leading wholesaler and distributor of tools, equipment and supplies to the transportation industry. The all cash purchase price is $38.5 million, subject to closing adjustments.
Headquartered in Largo, Florida, Nestor serves multiple end markets including auto... More
