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CDW Corporation Announces 27.9M Share IPO

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CDW Corporation (NASDAQ: CDW) announced today that it has commenced an initial public
offering of 27,900,000 shares of common stock pursuant to a Registration
Statement on Form S-1 filed with…
CDW Corporation announced today that it has commenced an initial public
offering of 27,900,000 shares of common stock pursuant to a Registration
Statement on Form S-1 filed with the U.S. Securities and Exchange
Commission (SEC). CDW is offering 23,250,000 shares and selling
stockholders are offering 4,650,000 shares. It is expected that the
underwriters will have a 30-day option to purchase up to an additional
4,185,000 shares of common stock from the selling stockholders. The
initial public offering price is currently expected to be between $20.00
and $23.00 per share of common stock.

CDW intends to use the net proceeds that it receives in the offering,
together with cash on hand or borrowings under its subsidiary's senior

See full press release

Posted-In: News Guidance Management Global

 

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