UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES AND EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): April 16, 2008
WESCO International, Inc.
(Exact name of registrant as specified in its charter)
Commission file number001-14989
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Delaware | | 25-1723345 |
(State or other jurisdiction of incorporation or organization) | | (IRS Employer Identification No.) |
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225 West Station Square Drive | | |
Suite 700 | | |
Pittsburgh, Pennsylvania 15219 | | (412) 454-2200 |
(Address of principal executive offices) | | (Registrant’s telephone number, including area code) |
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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o | | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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o | | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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o | | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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o | | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01. Other Events.
On April 16, 2008, WESCO International, Inc. announced that it intends to enter into a definitive purchase agreement to acquire Industrial Distribution Group, Inc. (“IDG”) at a price of $11.75 per share. IGD has an estimated total enterprise value of approximately $130 million. The transaction requires IDG to terminate its purchase agreement with an affiliate of Platinum Equity and is subject to regulatory approvals required under the Hart-Scott-Rodino Act and approval by the shareholders of IDG. A copy of the press release issued by the Company on April 16, 2008 is filed as Exhibit 99.1 to this Current Report and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
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| Exhibit 99.1 | | Press Release dated April 16, 2008 (filed herewith). |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| WESCO INTERNATIONAL, INC. | |
| By: | /s/ Stephen A. Van Oss | |
| | Stephen A. Van Oss | |
| | Senior Vice President and Chief Financial and Administrative Officer | |
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Dated: April 17, 2008