Business

Briefs: CDW, equity group merger complete

Posted October 12, 2007 11:00 pm

VERNON HILLS -- CDW, a provider of technology products and services to business, government and education, announced Friday the completion of its acquisition by an entity controlled by investment funds affiliated with Madison Dearborn Partners and Providence Equity Partners. CDW's shareholders are entitled to receive $87.75 per share in cash. Shareholders approved the merger Aug. 9. "As we begin the next chapter for CDW as a private company, we want to recognize the incredible efforts of our coworkers," Chairman and Chief Executive Officer John A. Edwardson said in a statement.

Correction

A headline in the Oct. 4 business section incorrectly reported a property transaction. A building in which Glen Ellyn Moving & Storage operated was sold, not the company itself. The 75-year-old company continues to operate with headquarters in Carol Stream.

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