INGRAM MICRO INC. (NYSE:IM) Files An 8-K Regulation FD DisclosureItem 7.01 Regulation FD Disclosure.
On December 2, 2016, Ingram Micro Inc. (“Ingram Micro”) announced that it has been informed by representatives of HNA Group and Tianjin Tianhai Investment Company, Ltd. (“Tianjin Tianhai”) that approval from China’s State Administration of Foreign Exchange (SAFE) has been obtained with regard to the equity portion of the aggregate merger consideration to be funded by Tianjin Tianhai in connection with the Agreement and Plan of Merger, dated as of February 17, 2016 (as amended on November 10, 2016), among Ingram Micro, Tianjin Tianhai and GCL Acquisition, Inc. The parties expect the merger to be completed on or about December 5, 2016 (subject to the satisfaction of the conditions to the closing that can only be satisfied at the closing).
About INGRAM MICRO INC. (NYSE:IM)
Ingram Micro Inc. (Ingram Micro) is engaged in the distribution of information technology (IT) products, supply chain services and mobile device lifecycle services around the world. The Company distributes and markets technology products all over the world from the industry’s computer hardware suppliers, mobility hardware suppliers, software publishers, consumer electronics (CE), automatic identification and data capture (AIDC)/point-of-sale (POS), and physical security products. It has operations in approximately 45 countries. The products include IT peripherals, digital signage products, CE products, AIDC/POS products, physical security products, services provided by third parties and resold by the Company, components, and supplies and accessories. The Company’s distribution services enables its suppliers to reach base of resellers, while providing resellers with multi-vendor solutions, integration services, electronic commerce tools, technical support and inventory management. INGRAM MICRO INC. (NYSE:IM) Recent Trading Information
INGRAM MICRO INC. (NYSE:IM) closed its last trading session 00.00 at 37.57 with 3,782,751 shares trading hands.