{"id":648583,"date":"2013-03-25T08:17:54","date_gmt":"2013-03-25T12:17:54","guid":{"rendered":"https:\/\/www.pehub.com\/?p=192780"},"modified":"2013-03-25T08:17:54","modified_gmt":"2013-03-25T12:17:54","slug":"reuters-cdw-files-for-500m-ipo","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/648583","title":{"rendered":"Reuters \u2013 CDW Files for $500M IPO"},"content":{"rendered":"

Technology products retailer CDW Corp.<\/strong> filed with U.S. regulators to raise $500 million in an initial public offering, making it the latest private equity-backed company to file to go public this year. CDW was taken private in 2007 for $7.3 billion by Madison Dearborn Partners LLC <\/strong>and Providence Equity Partners<\/strong>. The proposed IPO could raise about $750 million, Reuters <\/em>reported earlier this month.<\/p>\n

(Reuters<\/em>) – Technology products retailer CDW Corp filed with U.S. regulators to raise $500 million in an initial public offering, making it the latest private equity-backed company to file to go public this year.<\/p>\n

Large companies that were taken over by private equity firms during the 2005-2007 buyout heyday are starting to tap the public markets as U.S. stock markets rally to record highs.<\/p>\n

Warburg Pincus-backed eye care company Bausch & Lomb also filed for an IPO on Friday. That deal could raise as much as $1.5 billion, Reuters had reported.<\/p>\n

Other private equity-backed companies like drugmaker testing services provider Quintiles Transnational Corp and industrial distribution company HD Supply are also gearing up for IPOs this year.<\/p>\n

CDW was taken private in 2007 for $7.3 billion by Madison Dearborn Partners LLC and Providence Equity Partners. The proposed IPO could raise about $750 million, Reuters reported earlier this month.<\/p>\n

J.P. Morgan, Barclays and Goldman Sachs & Co would lead the offering, CDW said in a filing with the U.S. Securities and Exchange Commission. ()<\/p>\n

Founded in 1984, CDW is one of the largest computer resellers in the United States, selling products such as notebooks, tablets and printers to businesses and government organizations.<\/p>\n

CDW, which sells products from companies including Apple Inc , Hewlett-Packard Co and International Business Machines Corp, online and through its catalog, said it intends to list its common stock under the symbol ‘CDW’.<\/p>\n

The company did not disclose the number of shares it intended to sell or the exchange on which they would trade.<\/p>\n

The amount of money a company says it plans to raise in its first IPO filings is used to calculate registration fees. The final size of the IPO could be different.<\/p>\n

The post Reuters – CDW Files for $500M IPO<\/a> appeared first on peHUB<\/a>.<\/p>\n

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Technology products retailer CDW Corp. filed with U.S. regulators to raise $500 million in an initial public offering, making it the latest private equity-backed company to file to go public this year. CDW was taken private in 2007 for $7.3 billion by Madison Dearborn Partners LLC and Providence Equity Partners. The proposed IPO could raise […]<\/p>\n","protected":false},"author":7428,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-648583","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/648583","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/7428"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=648583"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/648583\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=648583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=648583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=648583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}