CDW has filed for a $500M IPO under the symbol (you guessed it) CDW. The IT distributor, which is being taken public by P-E owners Madison Dearborn and Providence Equity, had 2012 sales of $10.1B (+6% Y/Y) and net income of $119M. The balance sheet is the kind you can expect for a P-E-backed IPO: total debt and capitalized lease obligations amounted to $3.78B at year's end, and cash/equivalents just $37.9M. (S-1) (previous)
CDW has filed for a $500M IPO under the symbol (you guessed it) CDW. The IT distributor, which...
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