Anixter International – The networking equipment maker accepted a sweetened takeover bid worth $93.50 per share from private equity firm Clayton Dubilier & Rice. Bidding between Clayton Dubilier and industrial products distributor Wesco International has gone back and forth several times, following Clayton Dubilier’s original $82-per-share offer.
Ford – The automaker’s stock was downgraded to “underperform” from “in-line” at Evercore, which notes a significant valuation premium compared to General Motors and what it considers limited upside potential.
