Avnet's stock jumps after $2.8 billion deal to sell assets to Tech Data - MarketWatch

Avnet's stock jumps after $2.8 billion deal to sell assets to Tech Data MarketWatch Shares of Avnet Inc. AVT, +7.91% surged 2% in light premarket trade Monday, after the Tech Data Corp. TECD, +17.26% announced a deal to buy Avnet's technology solutions business in a cash and stock deal valued at $2.8 billion. Under terms of the ...