Tech Data Corporation (NASDAQ:TECD) Files An 8-K Other Events
Item 8.01. Other Events.
press release announcing the pricing of its public offering of
$500,000,000 aggregate principal amount of its 3.700% Senior
Notes due 2022 and $500,000,000 aggregate principal amount of its
4.950% Senior Notes due 2027. The offering is expected to close
on or about January 31, 2017.
Form 8K and is incorporated herein by reference.
Exhibit No.
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Description
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99.1
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Press release of Tech Data Corporation dated January
24, 2017 |
within the meaning of the Private Securities Litigation Reform
Act of 1995. These statements, including statements regarding
Tech Datas plans, objectives, expectations and intentions
relating to the proposed acquisition (the Acquisition) by Tech
Data of AVT Technology Solutions LLC and TS Divestco B.V., which
will hold all assets and liabilities primarily relating to Avnet
Inc.s technology solutions business (the Acquired Business), the
financing and closing of the proposed Acquisition and the
expected timing and benefits of the proposed Acquisition, involve
a number of risks and uncertainties. These forwardlooking
statements are based on current expectations, estimates,
forecasts, and projections about the proposed Acquisition and the
operating environment, economies and markets in which Tech Data
and the Acquired Business operate and the beliefs and assumptions
of our management. Words such as expects, anticipates, targets,
goals, projects, intends, plans, believes, seeks, estimates,
variations of such words, and similar expressions are intended to
identify such forwardlooking statements. These forwardlooking
statements are only predictions and are subject to risks,
uncertainties, and assumptions. Therefore, actual results may
differ materially and adversely from those expressed in any
forwardlooking statements.
contemplated in the forwardlooking statements as a result of
risks and uncertainties relating to our existing business
(information regarding which is available as described in the
following paragraph) and the proposed Acquisition and financing
thereof, including the possibility that certain assumptions with
respect to the Acquired Business or the proposed Acquisition
could prove to be inaccurate, and the potential failure to
receive, delays in the receipt of, or unacceptable or burdensome
conditions imposed in connection with, all required regulatory
approvals and the satisfaction of the closing conditions to the
proposed Acquisition.
factors which could occur, see Tech Datas Annual Report on Form
10K for the year ended January 31, 2016, including Part I, Item
1A, Risk Factors therein, Quarterly Reports on Form 10Q, Current
Reports on Form 8K and other securities filings with the
Securities and Exchange Commission (the SEC) that are available
at the SECs website at www.sec.gov and other securities
regulators. Readers are cautioned not to place undue reliance
upon any such forwardlooking statements, which speak only as of
the date made. Many of these factors are beyond Tech Datas
control. Unless otherwise required by applicable securities laws,
Tech Data disclaims any intention or obligation to update or
revise any forwardlooking statements, whether as a result of new
information, future events or otherwise. Tech Data undertakes no
duty to update any forwardlooking statements contained herein to
reflect actual results or changes in Tech Datas expectations.
About Tech Data Corporation> (NASDAQ:TECD)
Tech Data Corporation is a wholesale distributor of technology products. The Company serves as a link in the technology supply chain by bringing products from the technology vendors to market, as well as providing its customers with logistics capabilities and services. It operates through the segment of distributing technology products, logistics management and other value-added services. It operates in two geographic segments: the Americas and Europe. It provides resellers training and technical support suite of electronic commerce tools customized shipping documents product configuration or integration services and access to financing programs. Its customers include value-added resellers, direct marketers, retailers and corporate resellers who support the diverse technology needs of end users. It sells its products to customers in approximately 100 countries throughout North America, South America, Europe, the Middle East and Africa. Tech Data Corporation> (NASDAQ:TECD) Recent Trading Information
Tech Data Corporation> (NASDAQ:TECD) closed its last trading session down -0.14 at 85.60 with 174,938 shares trading hands.