Tech Data sets date for shareholder vote on sale
January 7, 2020 - Tech Data Corp. (Nasdaq: TECD) shareholders will vote Feb. 12 on the $6 billion acquisition of the company by funds associated with Apollo Global Management. The Tech Data board of directors set the date for the special meeting, which will be held at the Clearwater headquarters of the IT distributor. The board also determined that the close of business on Jan. 9 would be the record date for the determination of shareholders entitled to receive notice of and vote at the meeting. Tech Data, the largest company based on revenue that is headquartered in the Tampa-St. Pete area, will become a private firm if shareholders approve the deal.