129.68 +0.03 (0.02%)
After hours: 4:00PM EST
|Bid||129.80 x 900|
|Ask||129.83 x 800|
|Day's Range||129.34 - 129.93|
|52 Week Range||70.41 - 131.70|
|Beta (3Y Monthly)||1.14|
|PE Ratio (TTM)||13.30|
|Earnings Date||Nov 26, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||136.67|
NEW YORK, NY / ACCESSWIRE / November 20, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New ...
BALA CYNWYD, PA / ACCESSWIRE / November 19, 2019 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Tech Data Corp. ("Tech Data" ...
NEW YORK, NY / ACCESSWIRE / November 19, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New ...
NEW YORK , Nov. 19, 2019 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Tech Data Corp. ("TECD" or ...
NEW YORK, NY / ACCESSWIRE / November 18, 2019 / Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Ladenburg Thalmann Financial Services Inc. (NYSE:LTS) ...
NEW YORK, Nov. 18, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.
WILMINGTON, Del., Nov. 18, 2019 -- Rigrodsky & Long, P.A. announces that it is investigating: Continental Building Products, Inc. (NYSE: CBPX) regarding possible breaches.
NEW YORK, Nov. 16, 2019 -- Halper Sadeh LLP, a global investor rights law firm, continues to investigate the following companies: William Lyon Homes (NYSE: WLH)The.
NEW YORK , Nov. 15, 2019 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York ...
NEW YORK, Nov. 14, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Tech Data Corporation (“Tech Data”.
Moody's Investors Service ("Moody's") placed the Baa3 senior unsecured ratings of Tech Data Corporation ("Tech Data") under review for downgrade. This action follows the announcement that Tech Data has entered into a definitive agreement to be acquired by funds of Apollo Global Management, Inc. ("Apollo"). Apollo Funds have committed an aggregate $3.2 billion equity contribution and financial institutions have agreed to provide committed debt financing up to $5.0 billion.
Continuing with strategic moves, Apollo Global (APO) signs deal to acquire Tech Data (TECD), with the aim to boost the latter's position in the market.
The mission for the 4,500-square-foot center is to provide training for the company's 8,700 security partners, 43 security vendors and cybersecurity employees, in real-world simulations.
NEW YORK, Nov. 13, 2019 /PRNewswire/ -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder law firm, has launched an investigation into whether the board members of Tech Data Corporation (TECD) breached their fiduciary duties or violated the federal securities laws in connection with the company's proposed sale to an affiliate of Apollo Global Management, Inc. On November 13, 2019, Tech Data announced that it had signed an agreement to be acquired by Apollo for $130 per share in cash, or a total of $5.4 billion. Bragar Eagel & Squire is concerned that Tech Data's board of directors oversaw an unfair process and ultimately agreed to an inadequate deal price.
One month after serious conversations — with trips to both Tampa and New York City — Apollo Global has formally submitted a $5.4 billion bid to buy Clearwater-based Tech Data Corp., the Tampa Bay area's largest public company. "The good news is Apollo is in the business of owning companies," Tech Data CEO Richard Hume said in an interview with the Tampa Bay Business Journal, about Apollo's long list of acquisitions.
NEW YORK , Nov. 13, 2019 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Tech Data Corporation (NASDAQ: TECD) and its board of directors concerning the proposed ...
WILMINGTON, DE / ACCESSWIRE / November 13, 2019 / Rigrodsky & Long, P.A.: Do you own shares of Tech Data Corporation (NASDAQ GS: TECD )? Did you purchase any of your shares prior to November 13, 2019? ...
The Florida-based electronics distributor has agreed to sell itself for $130 per share to Apollo Global Management, but the company has until Dec. 9 to find a better deal.
NEW YORK, NY / ACCESSWIRE / November 13, 2019 / Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Tech Data Corporation (NASDAQ:TECD) The investigation ...
Addressing the growing sense of urgency for cybersecurity threat preparedness, Tech Data (TECD) today announced it has opened a state-of-the-art Cyber Range in Tempe, Arizona. Fifty-eight percent of respondents in the State of Cybersecurity 2019 survey from ISACA, a nonprofit, independent association that advocates for professionals involved in information security, have unfilled cybersecurity positions. In addition, 3.5 million cybersecurity positions will be unfilled by 2021 — a skills gap that continues to grow, according to Cybersecurity Ventures.
Apollo Global Management said it is going to buy Tech Data for $5.4 billion, or $130 a share. The deal represents a 24.5% premium to its 30-day average closing price ending Oct. 15, before there was speculation of a buyout. Tech Data closed Tuesday at $129.87. The terms say Tech Data will be permitted to actively solicit alternative acquisition proposals from third parties during a "go-shop" period from the date of the agreement until Dec. 9, 2019. The Tech Data board of directors has unanimously approved the transaction. Bank of America advised Tech Data, and Citi was lead financial adviser for Apollo.
Tech Data (TECD) today announced it has entered into a definitive agreement to be acquired by an affiliate of funds (the “Apollo Funds”) managed by affiliates of Apollo Global Management, Inc. (APO), a leading global alternative investment manager (“Apollo”). Through the agreement, the affiliate of the Apollo Funds will acquire all of the outstanding shares of Tech Data common stock for $130 per share in a transaction with an enterprise value of approximately $5.4 billion. The purchase price represents a 24.5 percent premium to the unaffected 30-day volume weighted average closing share price of Tech Data’s common stock ended Oct. 15, 2019, the last trading day prior to published market speculation regarding a potential transaction involving the company.