IDG Withdraws Offer For Commercial Solutions
Tue, 02/19/2013 - 1:21pm
The Industrial Distribution Group has withdrawn its offer to buy Commercial Solutions Inc., Edmonton Alberta.
IDG said last month that it was buying Commercial Solutions for C$51.4 million.
No reason was given why the offer was withdrawn.
Commercial is a Canadian distributor of bearings, power transmission equipment, oilfield, industrial and safety products.