Anixter International Inc. to Consider Revised WESCO Proposal

GLENVIEW, Ill.--(BUSINESS WIRE)--Anixter International Inc. (“Anixter” or the “Company”) (NYSE: AXE) announced today that it has received a revised proposal from WESCO International, Inc. (“WESCO”) on December 26, 2019 under which Anixter shareholders would receive consideration nominally valued at $93.50 per share ($63.00 in cash, $13.85 in WESCO common stock and $16.65 in face amount of WESCO preferred stock).