PITTSBURGH, April 22 /PRNewswire-FirstCall/ -- WESCO International,
Inc. (NYSE: WCC), a leading provider of electrical MRO products,
construction materials, and advanced integrated supply procurement
outsourcing services, announced today that it would not submit any further
bids based on Industrial Distribution Group, Inc.'s press release issued
this morning that it had received a higher offer.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030508/WCCLOGO )
WESCO International, Inc. (NYSE: WCC) is a publicly traded Fortune 500
holding company, headquartered in Pittsburgh, Pennsylvania, whose primary
operating entity is WESCO Distribution, Inc. WESCO Distribution is a
leading distributor of electrical construction products and electrical and
industrial maintenance, repair and operating (MRO) supplies, and is the
nation's largest provider of integrated supply services. 2007 annual sales
were approximately $6.0 billion. The Company employs approximately 7,300
people, maintains relationships with over 24,000 suppliers, and serves more
than 110,000 customers worldwide. Major markets include commercial and
industrial firms, contractors, government agencies, educational
institutions, telecommunications businesses and utilities. WESCO operates
seven fully automated distribution centers and more than 400 full-service
branches in North America and select international markets, providing a
local presence for area customers and a global network to serve
multi-location businesses and multi-national corporations.
The matters discussed herein may contain forward-looking statements
that are subject to certain risks and uncertainties that could cause actual
results to differ materially from expectations. Certain of these risks are
set forth in the Company's Annual Report on Form 10-K for the fiscal year
ended December 31, 2007, as well as the Company's other reports filed with
the Securities and Exchange Commission.
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