PE-Backed CDW Preps $738M Public Offering

Law360, New York (June 14, 2013, 5:11 PM EDT) -- Private equity-backed Illinois information technology retailer CDW Corp. is going public, filing a prospectus Friday for an initial public offering worth up to $738 million six years after it was taken private by Madison Dearborn Partners LLC and Providence Equity Partners in a $7.3 billion buyout.

CDW will offer roughly 23.3 million shares of common stock, and the private equity firms will offer an additional 4.7 million shares, according to a filing with the Securities and Exchange Commission. The offering price will be between $20 and...
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