Anixter International Inc. (AXE) News
Filter AXE News Items
AXE News Results
|Loading, please wait...|
Latest AXE News From Around the Web
Below are the latest news stories about Anixter International Inc that investors may wish to consider to help them evaluate AXE as an investment opportunity.
WESCO Distribution, Inc. announces the expiration and settlement of its offers to purchase for cash any and all of Anixter Inc.'s 5.50% Senior Notes due 2023 and 6.00% Senior Notes due 2025 and Anixter Inc. announces the settlement of its consent solicitations related to its 5.50% Senior Notes due 2023 and 6.00% Senior Notes due 2025
PITTSBURGH, June 23, 2020 /PRNewswire/ -- Following the completion of its merger with Anixter International Inc. ("Anixter International" and the transaction, the "Merger") on June 22, 2020 whereby Anixter International became a wholly owned subsidiary of WESCO International, Inc. (NYSE:…
WESCO International (WCC) closes the acquisition of Anixter International.
PITTSBURGH, June 22, 2020 /PRNewswire/ -- WESCO International, Inc. (NYSE: WCC), a leading provider of business-to-business (B2B) distribution, logistics services and supply chain solutions, announced it has completed its merger with Anixter International Inc., creating a premier,…
Grocery Outlet Holding Corp. (NASD: GO) will replace Brinker International Inc. (NYSE: EAT) in the S&P; MidCap 400 and Brinker International will replace Anixter International Inc. (NYSE: AXE) in the S&P; SmallCap 600 effective prior to the opening of trading on Thursday, June 25. WESCO International Inc. (NYSE: WCC) is acquiring Anixter International in a deal completed today, June 22. Brinker International is more representative of the small-cap market space.
Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]
Senseon (a Division of Accuride International) and Anixter International Announce Channel Partner Relationship to Create Comprehensive Security Solutions
SANTA FE SPRINGS, Calif., June 17, 2020 /PRNewswire/ -- At a time when businesses and consumers alike demand comprehensive, efficient security solutions, Senseon®, a division of Accuride® International and the creator of intelligent cabinet-level access control systems, announces a new…
WESCO Distribution, Inc. announces the further extension of the Expiration Time of its offers to purchase for cash any and all of Anixter Inc.'s 5.50% Senior Notes due 2023 and 6.00% Senior Notes due 2025
WESCO International, Inc. (NYSE: WCC) ("WESCO International") announced today that WESCO Distribution, Inc. ("WESCO") has further extended the Expiration Time (as defined below) of WESCO's previously announced tender offers (each, an "Offer" and, together, the "Offers") to purchase for cash any and all of Anixter Inc.'s ("Anixter") outstanding (i) 5.50% Senior Notes due 2023 (the "2023 Notes") and (ii) 6.00% Senior Notes due 2025 (the "2025 Notes" and, together with the 2023 Notes, the "Notes," and each such series of the Notes, a "Series").
New Strong Buy Stocks For June 8th
We see a long-term opportunity in Wesco (WCC) shares. The company is set to acquire Anixter International (AXE) in Q2 or Q3 (pending closing conditions) for what is to be a transformative $4.5B M&A deal. That said, the market doesn’t seem enthusiastic about the acquisition, as reflected in Wesco’s share...
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.