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In The News:

Report: Anixter May Be Looking for Buyer

Electrical and datacomm distributor Anixter International Inc. (NYSE: AXE), Glenview, IL, is working with Goldman Sachs Group to find a buyer for the business, according to a report from Bloomberg.

The distributor recently reported sales for 2013 were $6.2 billion, roughly flat from the prior year. 

According to the Bloomberg report, Paris-based electrical distributor Rexel may be one of the bidders.

Read the full Bloomberg article here.

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