Madison Dearborn to Acquire CDW for $7.3 Billion

Posted on by Chief Marketer Staff

Madison Dearborn Partners LLC, a private equity firm, is expected to acquire CDW Corp., the computer direct marketer, for $7.3 billion.

Under the terms of the agreement, CDW shareholders will receive $87.75 in cash for each share of common stock they hold.

CDW’s founder Michael P. Krasny, who controls about 22% of the firm’s outstanding shares, will vote in favor of the transaction.

Under the agreement, CDW will actively solicit proposals from third parties during the next 30 days.

The transaction is expected to close by the fourth quarter.

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