Distributors

Anixter Sets Date for Special Meeting for Proposed Merger

GLENVIEW, Ill.—Anixter International Inc. (NYSE: AXE) (“Anixter” or the “Company”) today announced that it will hold a special meeting (the “Special Meeting”) of its stockholders at 8:30 A.M. Central Time on February 4, 2020 at Two North Riverside Plaza, 7th Floor, Chicago, Illinois, at which Anixter stockholders will consider and vote on (i) a proposal to adopt the previously announced Agreement and Plan of Merger (the “Merger Agreement”), dated as of October 30, 2019, as amended on November 21, 2019, by and among the Company, CD&R Arrow Parent, LLC and CD&R Arrow Merger Sub, Inc., (ii) the approval pursuant to the rules of the U.S. Securities and Exchange Commission, on an advisory and non-binding basis, of certain compensation that may be payable to certain of the Company’s executive officers in connection with the transactions contemplated by the Merger Agreement, and (iii) the approval of one or more adjournments of the Special Meeting, if necessary or appropriate, to solicit additional proxies if there are not sufficient votes cast at the Special Meeting in favor of the foregoing matters.

Anixter stockholders of record as of the close of business on December 31, 2019 will be entitled to receive notice of and to vote at the Special Meeting.

 

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