Sign in / up

back to article CDW's flight into private equity is complete

CDW, America's biggest computer dealer, left NASDAQ today, on completion of its takeover by a couple of private equity firms. They are called Madison Dearborn Partners and Providence Equity Partners, in case you're interested. Now for a canned quote from Glenn Creamer, senior managing firector of Providence Equity. "Since its …

COMMENTS

House rules Send corrections
This topic is closed for new posts.
  1. Austin Troxell
    Thumb Down

    The Pendulum Swings

    Thanks to US regs, viz. Sarbanes-Oxley, more and more companies are going private in an effort to avoid the expenses, hassles and potential penalties of compliance (or lack thereof).

    In typical fashion, when legislators (over-) react to an event that generates a massive public outcry (Enron, WorldCom, Adelphia, ...) they rush to enact ill-conceived Draconian laws that only force companies underground.

    "So, you wanna punish us as being a publicly-traded company? Fine. We'll stop being a publicly-traded company!"

    Doh!

    0 0
This topic is closed for new posts.

Other stories you might like