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News Breaks | | | | February 20, 2013 | | 06:21 EDT |  | MSM | MSC Industrial benefits from strong demand, Bloomberg reports
Strong demand for light bulbs and power tools has made MSC Industrial Direct (MSM) Chairman Mitchell Jacobson a billionaire. The third-largest provider of office and industrial equipment worldwide, the Melville, N.Y.-based company’s shares are up 14% this year after hitting a record high last week. That has pushed the 61-year-old’s net worth to $1.3B, according to the Bloomberg Billionaires Index. Jacobson, the company’s largest shareholder, has never appeared on an international wealth ranking. Reference Link | |
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News For MSM From The Last 14 Days Check below for free stories on MSM the last two weeks. |
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| June 11, 2013 | | 07:27 EDT |  | MSM | William Blair to host a conference
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