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Article updated: 6/27/2013 7:35 AM

CDW raises about $396 million from IPO

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CDW in Vernon Hills.

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Vernon-Hills based CDW has raised about $396 million from an initial public offering of its common stock. The information technology company said that the offering of about 23.3 million shares was priced at $17 per share, which was at the low end of its projected $17 to $18 projected price range. The underwriters have a 30-day option to buy up to an additional 3.5 million shares.
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