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Anixter Announces Closing of Tri-Ed Acquisition

2014-09-18 05:53:38| Electronics - Topix.net

International Inc. today announced that it has completed the acquisition of Tri-Ed for a total purchase price of $420 million, subject to working capital, escrow and other customary adjustments. Tri-Ed generated approximately $570 million in sales and $36 million in adjusted EBITDA over the trailing twelve months ending June 30, 2014.

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Category:Electronics and Electrical

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