Information technology distribution company Tech Data (Nasdaq: TECD) has completed its acquisition of DLT Solutions for approximately $205M in cash in a push to advance growth initiatives and create opportunities for channel partners in the public sector.
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Tiger Midco, an affiliate of funds managed by alternative investment manager Apollo Global Management’s (NYSE: APO) affiliates, has increased its offer to acquire information technology distribution company Tech Data (Nasdaq: TECD) from $130 in cash per share to $145 per share, or approximately $6B, under an amended deal.
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Funds managed by alternative investment manager Apollo Global Management’s (NYSE: APO) affiliates have agreed to acquire information technology distribution company Tech Data (Nasdaq: TECD) for approximately $5.4B, or $130 in cash per share.
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