19.09.2016 18:27:00

Avnet, Inc. -- Moody's places Avnet's ratings on review for downgrade on sale announcement

New York, September 19, 2016 -- Moody's Investors Service ("Moody's") has placed the ratings of Avnet, Inc. ("Avnet") on review for downgrade upon the company's announcement that it will sell its Technology Solutions ("TS") business for $2.6 billion in cash and equity to Tech Data Corporation ("Tech Data").

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