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Stock Market & Financial Investment News

News Breaks
January 24, 2013
16:14 EDTSCSCScansource reports Q2 EPS 64c, consensus 62c
Reports revenue $747.7M, consensus $743.66m.
News For SCSC From The Last 14 Days
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September 23, 2014
08:34 EDTSCSCScansource completes acquisition of Imago Group
ScanSource closed its purchase of Imago Group. ScanSource announced the execution of a non-binding letter of intent to acquire Imago on August 21. With the closing, ScanSource has acquired Imago’s operations in the UK, France, and their recently acquired business in Germany. The acquisition of Imago represents the next step in ScanSource’s strategy to be the leading value-added distributor of video, voice and data solutions for resellers in Europe. ScanSource’s increased footprint will benefit resellers focused on collaboration solutions, by positioning them to support their end-user customers who need international deployments across Europe and the U.S. The acquisition is expected to be accretive to earnings per share and ROIC in the first year after closing, excluding one-time acquisition costs.

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