Essendant (ESND) Declares $0.14 Quarterly Dividend; 1.4% Yield

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Essendant (ESND) Unit to Acquire Nestor Sales in $38.5M Deal

July 15, 2015 7:34 AM EDT

Essendant (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