WESCO Drops Out of Bidding War for Industrial Distribution Group

WESCO International Inc., Pittsburgh, dropped out of the bidding war for Industrial Distribution Group Inc. (IDG), Atlanta, after learning this week that Platinum Equity Advisers LLC, a previous bidder, had topped its bid for the Atlanta-based MRO distributor. WESCO said in an April 22 press release that it would not submit any further bids for IDG.

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