Citi Downgrades Ingram Micro (IM) to Neutral
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- Wall St futures muted as oil gains curb risk appetite after S&P record close
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- Reddit to join S&P 500 index on Aug. 18, shares leap
Needham & Company Downgrades Ingram Micro (IM) to Hold Following Takeover
February 18, 2016 7:39 AM ESTNeedham & Company downgraded Ingram Micro (NYSE: IM) from Buy to Hold after the company agreed to be acquired by Tianjin Tianhai for $38.90/share
For an analyst ratings summary and ratings history on Ingram Micro... More
Tianjin Tianhai to Acquire Ingram Micro (IM) in ~$6B Deal
February 17, 2016 4:24 PM ESTIngram Micro Inc. (NYSE: IM) and Tianjin Tianhai Investment Company, Ltd. (Tianjin Tianhai) announced that they have entered into a definitive merger agreement under which Tianjin Tianhai will acquire Ingram Micro for $38.90 per share in an all-cash transaction with an equity value of approximately $6.0 billion. Upon close of the merger, Ingram Micro will become a part of HNA Group, a Hainan-based Fortune Global 500 enterprise group and a leader in aviation, tourism and logistics and the largest stockholder of Tianjin Tianhai. The transaction, which has been unanimously approved by both Ingram Micro's and Tianjin Tianhai's... More
