12/23/2023 0 Comments Synnex and tech data merge![]() Through the conversations that we’ve had, we realized the combination of these two companies could really deliver a lot of value. “We’re both always evaluating opportunities for growth in our businesses and enhancing the way we deliver value to our customers and vendors and colleagues and investors. ![]() On 22 March 2021 it was announced that Synnex will merge with Tech Data for a. “We’ve had conversations over the past few months,” Synnex CEO Dennis Polk said in a conference call with investors Monday morning. Synnex Corporation is an American multinational corporation that provides. When the deal is finalized later this year, Synnex shareholders will own 55 percent of the company, Apollo 45 percent - effectively bringing what was once one of Tampa Bay’s largest public companies back to Wall Street. The agreement comes months after Tech Data completed its $6 billion sale to New York private equity firm Apollo Global Management. ![]() in a deal estimated to be worth $7.2 billion. & CLEARWATER, Fla.- ( BUSINESS WIRE )-SYNNEX Corporation (NYSE: SNX) and Tech Data Corporation today announced the successful completion of their merger. Together, we are a leading global IT distributor and solutions aggregator with. and CLEARWATER, Fla., Ma/PRNewswire/ - SYNNEX Corporation (NYSE: SNX) and Tech Data today announced they have entered into a definitive merger agreement under which. The Largo technology distribution company on Monday announced an agreement to merge with Fremont, Calif.’s Synnex Corp. TD Synnex has published its first results since the 7.2 billion mergers between Synnex and Tech Data completed last September. Today, we have created a new combined company (TD SYNNEX) by completing the merger of SYNNEX and Tech Data. Less than a year after going private, Tech Data is preparing for a merger.
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