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Las Vegas Business Press
Wednesday, August 20, 2008
CDW targeted for buyout

By Ian Mylchreest
May 29, 2007

Computer retailer CDW is in talks to be taken private, reports the Wall Street Journal. The company customizes computers and resells them to business and institutional customers. CDW has a significant presence in North Las Vegas, where it set up its western distribution center in February, 2006.

Madison Dearborn Partners is considered in the lead to buy the company, the Journal reported, citing unnamed sources. The paper reports that there could be other buyers and a deal is by no means certain.

The company has boosted sales in recent months but the share price has only risen 7 percent despite a big push into the market for specialty customized computer networks.

Whether or not there is a sale, the NLV facility seems likely to stay. The company brought a lot of its workforce from Illinois and so far, Director of Operations Ray Nair, told the Business Press last year, they are happy and don't miss shovelling snow in February.

Update: Late Tuesday afternoon, the deal was concluded. Madison Dearborn Partners will buy CDW for $7.3 billion. The shares went wild, adds the New York Times.





One Response to “CDW targeted for buyout”

CDW Canada is instructing sales representatives to SELL SELL SELL (profit be damned) at low or zero margin.

Account Managers at CDW Canada are now being told to do the following (EVERY DAY): make 70 calls, 15 quotes, spend 2.5 hours on the telephone, achieve an ever-increasing sales target, and have 15 customers log on, OR ELSE (ASK ANYONE WHO HAS DONE THIS HOW REALISTIC THIS IS).

A funny way to behave imho, with a CDW takeover pending…


Written by Captain Canada on July 7, 2007 at 3:04 pm

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