Wesco International Announces Agreement To Acquire Ascent For A Cash-Free, Debt-Free Purchase Price Of $185M
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Wesco International (NYSE:WCC) has announced a definitive agreement to acquire Ascent LLC, a data center facility management services provider, for $185 million on a cash-free, debt-free basis.
October 31, 2024 | 8:35 pm
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Wesco International is acquiring Ascent LLC for $185 million, which could enhance its data center management capabilities and potentially drive growth.
The acquisition of Ascent LLC by Wesco International is likely to enhance Wesco's capabilities in data center management, a growing sector. This strategic move could lead to increased revenues and market share, positively impacting Wesco's stock price in the short term.
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