tech data synnex merger press release

Approval by SYNNEX stockholders is a condition to the closing of the merger. The combined company is now TD SYNNEX led by Rich Hume as CEO.

Synnex To Merge With Florida Based Tech Data Upstate Business Journal

We are excited to partner with a world-class industry leader like Tech Data and believe that this combination will benefit all our stakeholders said Dennis Polk SYNNEX.

. The deal originally valued at 72 billion has jumped to 8 billion with the new stock price of SNX. The Competition Commission of India CCI approves merger of Tech Data Corporation Tech Data with SYNNEX Corporation SYNNEX under Section 311 of the. Approval by SYNNEX stockholders is a condition to the closing of the merger.

SYNNEX Corporation and Tech Data announced they have entered into a definitive merger agreement under which SYNNEX and Tech Data will combine. SNX is a Fortune 200 corporation and a leading provider of a comprehensive range of distribution systems design and integration services for. The news comes after the merger between Tech Data and SYNNEX Corporation in 2021 which created an industry leader uniquely positioned to serve partners and vendors in.

Leading distributor SYNNEX Corporation NYSE. SNX is a Fortune 200 corporation and a leading provider of a comprehensive range of distribution systems design and integration services for. The combined company with approximately 57 billion in estimated pro forma annual revenues and a team of over 22000 associates and colleagues will provide customers.

SYNNEX Corporation NYSE. Dennis Polk formerly the CEO of SYNNEX is Executive Chair of the TD SYNNEX Board of Directors. Has agreed to acquire Clearwater-based Tech Data in a deal valued at more than 7 billion.

The transaction remains subject to the satisfaction of regulatory approvals and customary closing. March 23 2021. The transaction remains subject to the satisfaction of regulatory approvals and customary closing conditions.

TD SYNNEX will serve more than 100 countries in the Americas Europe and Asia-Pacific with a comprehensive portfolio of high value products and service offerings SYNNEX. SNX today announced that it will merge with fellow distributor Tech Data in a deal worth approximately 72 billion including. SYNNEX Corporation NYSE.

Tech Data will operate independently until the deal is closed.

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