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Stocks making the biggest moves premarket: Tech Data, Amazon, Walmart & more

Monday, December 2, 2019  

CNBC - Published Fri, Nov 29 20197:57 AM EST

Tech Data (TECD) – The technology distributor agreed to be bought by private-equity firm Apollo Global (APO) in a sweetened offer worth $5.14 billion excluding debt, or $145 per share. Tech Data had struck a deal to be bought by Apollo earlier this month for $130 per share, but the offer was raised after an unnamed suitor topped the original bid. CNBC has learned exclusively that the unnamed bidder was Berkshire Hathaway’s (BRKB) Warren Buffett, who offered $140 per share but ultimately decided not to get into a bidding war.

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