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/PRNewswire/ -- ChannelWorks, North America's premiere channel-only IT asset lifecycle provider, announced today that CRN®, a brand of The Channel Company, has...
Ingram Micro ownership is returning stateside with an announcement Wednesday that the distributor will be purchased by Los Angeles-based private equity firm Platinum Equity Partners for US$7.2 billion. The deal ends four years of ownership by HNA Group, a massive Chinese air carrier that embarked on a heavily leveraged acquisition binge that has since hobbled its growth and forced it to divest property as it struggles to make payments on its debt. HNA told Chinese regulators in May that it missed a $750 million payment on a US$4 billion loan that was used to buy Ingram Micro. The acquisition ...