Bell Micro Shareholders Approve Acquisition by Avnet
97% of them say yes
This is a Press Release edited by StorageNewsletter.com on June 29, 2010 at 3:27 pmBell Microproducts Inc. announced that its shareholders approved the merger agreement among Bell Micro, Avnet, Inc. and AVT Acquisition Corp., a wholly owned subsidiary of Avnet, pursuant to which Bell Micro would be acquired by Avnet. More than 97% of the votes cast voted to approve the merger agreement.
The transaction is subject to customary closing conditions, including EU regulatory approval, and is expected to close in early July.
Real also:
Enormous Distribution Deal: Avnet to Grab Bell Micro
For $594 million including $252 million in cash